Qbeat Ventures has invested in Classiq, an Israeli startup aiming to become the leading software provider in quantum computing, following its record-breaking $110M Series C funding.
Target Information
Qbeat Ventures is excited to announce its investment in Classiq, an innovative Israeli startup that is pioneering essential software infrastructure for quantum computing. Classiq is positioned to elevate the accessibility and utility of quantum technology with its high-level development platform, designed to revolutionize how enterprises and researchers engage with quantum algorithms.
Classiq's recent achievement of securing $110 million in Series C funding marks a record for quantum software companies and highlights their significant role within the quantum ecosystem. This funding will advance their goal of becoming the 'Microsoft of quantum computing', allowing them to continue their transformative work in this rapidly evolving field.
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Industry Overview
The quantum computing industry is gaining momentum globally, with countries like Israel emerging as pivotal players in advancing quantum technologies. The unique collaboration between academic institutions an
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Transaction Size: $110M