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Classiq Expands Series B To $49M And Announces Japan And Europe Offices

RECENTLY ACQUIREDSep 20, 2022

Round Type

Series B

Tel AvivBiotechnologyHardwareAgriculture and FarmingSoftwareScience And EngineeringConsumer Electronics

Description

Classiq, the leader in quantum computing software, announces today another significant expansion of its series B round to $49M by Canadian-Israeli VC Awz Ventures, from an initial closing of $36M by strategic investors—in the largest quantum software round to date.

Quick answer

Classiq raised an undisclosed amount in a Series B round, dated September 20, 2022. Classiq is based in Tel Aviv, Tel Aviv District, Israel.

How much did Classiq raise?
Classiq raised an undisclosed amount in a Series B round on September 20, 2022.
What does Classiq do?
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..
Where is Classiq based and how big is it?
Classiq is based in Tel Aviv, Tel Aviv District, Israel. Fundz records about 101 employees.
Who are the decision-makers at Classiq?
Fundz holds 3 contacts at Classiq, including the VP Marketing & Corporate Business Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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.

  • GreenScreens AI, Inc. raised $5M (Seed) on November 4, 2022.
  • Fathom raised $46M on November 4, 2022.
  • Symbiome raised an undisclosed amount on October 31, 2022.
  • Icertis raised $150M (Funding Round) on October 31, 2022.
  • Prenda raised $16M on October 31, 2022.
  • Second Front Systems raised $19M on October 28, 2022.

Who to call at Classiq, and when

A new round usually means Classiq is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Classiq raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Classiq, from your own LinkedIn network

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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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Fundz sees it the moment Classiq raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Verified contactsSimon F., VP Marketing & Corporate Business Devel… hidden hidden hiddenSee plans and pricing
Predictive Intelligence
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ML-powered predictions for Classiq's next move

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.