Classiq, a quantum software startup based in Tel Aviv, has raised $110 million in Series C funding, marking the largest-ever investment in the quantum software sector. The round was led by Entrée Capital and included new and existing investors such as Norwest, NightDragon, Hamilton Lane, Samsung Next, HSBC, and Team8. The funding brings Classiq’s total capital raised to $173 million and will be used to expand its global operations, accelerate R&D, and scale customer engagement as enterprise interest in quantum computing grows.
Founded in 2020, Classiq provides a high-level quantum software development platform that enables enterprises to build scalable, production-grade quantum programs. Its platform automates the creation of quantum algorithms, supports deployment across major quantum cloud services including AWS Braket and Azure Quantum, and integrates with nearly all leading quantum hardware providers. The company claims rapid year-over-year revenue and customer growth, with active users including BMW, Citi, Deloitte, Rolls-Royce, Toshiba, and numerous academic institutions.
Classiq’s IP portfolio includes over 60 filed patents, and its team combines expertise in quantum physics, enterprise software, and chip design. The company positions itself as the foundation for future quantum application development, supporting a hardware-agnostic and cloud-integrated quantum ecosystem.
- $110 million Series C funding round, the largest ever for a quantum software company
- Total funding raised: $173 million
- Investors include Entrée Capital, Norwest, NightDragon, Samsung Next, HSBC, Team8, and others
- Customers include BMW, Citi, Deloitte, Rolls-Royce, Mizuho, and Toshiba
- Supports cloud platforms (AWS, Azure, Google Cloud) and quantum hardware providers (IBM, IonQ, Quantinuum, Rigetti, etc.)
- Over 60 filed patents in quantum algorithm modeling and circuit compilation
“In this new era of computing, Classiq is delivering the essential software stack to empower the development of real-world quantum applications,” said Nir Minerbi, CEO and Co-founder of Classiq.
- Classiq was founded in 2020 by Nir Minerbi (CEO), Dr. Yehuda Naveh (CTO), and Amir Naveh (Chief Product Officer), who bring deep expertise in quantum information, software architecture, and algorithm design. The company’s key technological advantage lies in its high-level quantum abstraction layer and automated compiler, which translate functional models into optimized quantum circuits, enabling scalable application development without requiring low-level quantum programming expertise. Prior to this latest round, Classiq had raised $63 million across earlier funding stages, with investors including Team8, Wing VC, and IN Venture. Classiq maintains strong partnerships with major cloud providers—Microsoft Azure Quantum, AWS Braket, and Google Cloud—as well as hardware leaders like IBM, Quantinuum, IonQ, and Rigetti. It also collaborates with NVIDIA and Intel on simulation and performance optimization. The platform is widely adopted in both industry and academia, and is increasingly seen as a foundational layer in national and enterprise-level quantum computing initiatives.