ParityQC (short for Parity Quantum Computing) was founded in January 2020 in Innsbruck, Austria and is a spin-off from the University of Innsbruck. They are a quantum architecture company which develops blueprints for quantum computers to solve optimization problems. The architecture delivers the instruction set and layout for quantum chips, be it digital or analog. They have a related software suite called ParityOS which optimizes the quantum algorithms as well as the hardware parameters. Their belief is that the co-development of hardware design and quantum algorithms facilitates the advantage of a perfectly aligned quantum computer for optimization problems. The architecture is based on the LHZ architecture and is compatible with all current hardware platforms including both gate-based and annealing methods. This allows them to provide a fully programmable, parallelizable (no SWAP gates), and scalable architecture which can be built with a greatly reduced complexity and a quantum optimization architecture which is independent from the problem.
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