Fundz

Classiq Raises Additional Funding For Its Quantum Algorithm Design Tools

RECENTLY ACQUIREDMay 16, 2022

Round Type

Funding Round

Tel AvivBiotechnologyHardwareAgriculture and FarmingSoftwareScience And EngineeringConsumer Electronics

Description

Tel Aviv-based Classiq, a startup that wants to make it easier for developers to build quantum algorithms and applications, today announced that it has raised additional funding for its service by adding HSBC, NTT Finance, and Intesa Sanpaolo as new investors to its $33 million Series B round, which brings the round to $36 million and the company’s total funding to $51 million.

Who else raised in Hardware and Agriculture and Farming around the same time

Companies in the same sectors as Classiq that raised within 45 days of this round, from Fundz verified event records.

  • Sequentify raised $7M (Funding Round) on May 10, 2022.
  • Aquiline Drones Corp raised an undisclosed amount on May 9, 2022.
  • Aquiline Drones Corp raised $1M (Seed) on May 9, 2022.
  • Meta Materials raised $50M on June 30, 2022.
  • FarmWise raised $45M (Series B) on June 1, 2022.
  • SentinelOne, Inc. raised $8M (Funding Round) on May 30, 2022.

Who to call at Classiq, and when

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Company Information

Company

Classiq

Location

Tel Aviv, Tel Aviv District, Israel

About

Classiq Technologies, the leading quantum software company, provides a high-level quantum development platform (IDE, compiler and OS) that automates quantum programming, allowing enterprises and researchers to build sophisticated quantum applications without requiring deep quantum expertise. The Classiq platform leverages proprietary algorithmic quantum circuit compilation technology to quickly synthesize quantum circuits with millions of gates enabling sophisticated quantum programs to scale effortlessly and run on any quantum computer. Classiq is at the forefront of enabling the quantum computing revolution.

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Related People

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Predictive Intelligence
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ML-powered predictions for Classiq's next move

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Classiq raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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