Quantum Machines raises $ 170 million, says it works with more than half of all quantum computer companies
Quantum Computing remains a sacred grab in the technology world, but with some important breakthroughs over the last few months, investors have rely on more promising start-ups in space to make the concept of super-effective particle calculations and electron reality. In the most new development, QuantumIsraeli startup, which provides solutions for quantum management to others in this area, raised $ 170 million.
Guided by PSG Equity featuring Intel Capital, Red Dot Capital Partners and existing investors, this C All-Quecity series is one of the largest to date for a quantum computer company.
One of the reasons for the size of the circle is due to the business funnel of the starter. Quantum Machines technology is now used by more than half of all companies in the world operating on quantum computers and quantum calculations, according to Dr. Itar Sivan, CEO who co-founded the company with CTO Dr. Ionatan Cohen and the Chief Engineer Dr. Nisim offex.
“We serve every category of company in this area,” he said, “Large corporations starting quantum computers, national laboratories worldwide and universities.”
Quantum Machines hardware may be most famous for its grip with customers and Partners like NVIDIA To reduce errors in their own quantum computer studies, a critical role in the wider ecosystem, as researchers are approaching functional, super-fast quantum computers that are not overcome with the high failure percentages.
But Sivan said that his hundreds of customers also include companies that are not owners or developers of quantum computers themselves, but banks and others conducting third -party machine research in the cloud, and use quantum machines to maintain the operation of the work of the road on the way.
Sivan would not reveal the start -up assessment, but he confirmed that he had been raised with “significant elevation” compared to previous rounds. For a little more context when we and other For the first time I heard about the round earlier this year, the value was attached to $ 100 million. In case, the fundraising was signed.
The Quantum Computing had a cold wind outburst in January, when NVIDIA CEO Jensen Huang made a public prediction that the technology was still “decades” from being useful (despite the work of his company with quantum machines, Google and others). It was a statement that sent quantum stocks that diverge.
Still, we then saw some positive developments that could make the way for a different timeline. Sundar Pichai, Google CEO – who revealed a quantum chip called Willow In December – earlier this month said The realistic term for “useful” quantum computers was from five to 10 years.
Microsoft followed this last week with disclosure On his own quantum processor, built with the help of what he described as a “new state of matter” called the Majorana particle. Some have raised questions Regarding Microsoft’s claims due to lack of evidence, but it is still an important development that emphasizes the work that is being done.
Meanwhile, a number of start -ups are raising large circles. They have included Alice & Bob In France raised $ 104 million and supported by Google Stent Collection of $ 230 million in a debt round.
There are questions about the best approaches in space – at the moment those who work in space are built on several different theoretical trajectories – but as Sivan points out, this is what makes quantum machines effective: bypassing these questions, it is positioned as an agnostic For all these approaches, the mediator reduces noise.
This is one of the reasons Quantum Machines attract the investment it has, said Roten Shaham, PSG director.
“In the last few years, the rate of technology breakthrough in quantum calculations has increased significantly,” she said in an interview. “We are approaching the final consumer values. We don’t like to invest for decades. But with quantum machines, the market is already there. “