Classiq, a quantum software development company in Tel Aviv, Israel, has raised another $3 million in Series B funding.
Sponsors included HSBC, NTT Finance and Neva SGR’s Intesa Sanpaolo. They joined Wing VC, Entrée Capital, Hewlett Packard Enterprise, Team8, Phoenix, Sumitomo Corp. (through IN Venture), OurCrowd, Spike Ventures, Samsung NEXT and the titans of chip design. Lip-Bu Tan and Harvey Jones.
This brings Classiq’s investment for this cycle to $36 million and its investment to $51 million.
Led by CEO Nir Minerbi, Classiq provides a progression platform designed for organizations that need to power their quantum computing programs. Its patented “CAD for Quantum Software” engine converts high-level functional models into optimized, hardware-compatible circuits. With Classiq, consumers can create IP blocks, explore quantum answers to real-world problems, and prepare to take full credit for the next quantum computing revolution.
FinPME
17/05/2022