Eclipse Ventures has led a $50 million Series A investment in Quantum Source to support its innovative approach to developing practical quantum computing solutions.

Information on the Target

Quantum Source is a pioneering company focused on the development of scalable quantum computers that target practical computational problems. Recently, the company has garnered significant attention with its innovative approach leveraging cavity quantum electrodynamics (QED). Through this technology, Quantum Source is able to create single photons and cluster states with exceptional efficiency, significantly enhancing the performance and practicality of quantum systems.

Founded by a group of seasoned entrepreneurs and a renowned academic, Quantum Source's leadership team combines extensive experience in the semiconductor industry with profound knowledge of quantum computing. Their goal is to deliver a million-qubit quantum system capable of operating at room temperature—essentially simplifying infrastructure and reducing costs associated with traditional quantum computing methods.

Industry Overview in Israel

The quantum computing sector in Israel has seen remarkable growth, driven by significant investments from both the government and private enterprises. The nation is recognized as a hub for technological innovation, boasting a dive