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In a bold leap toward shaping the future of computing, Israeli quantum software pioneer Classiq has raised \$110 million in a landmark Series C funding round. With ambitions as vast as its valuation, Classiq aims to become the defining platform for quantum computing—much like Microsoft did for classical computing. The company’s rise is a testament to how rapidly quantum technologies are transitioning from experimental to essential.
Classiq’s Historic Funding Marks a New Era in Quantum Software
Quantum computing has long promised revolutionary breakthroughs in industries from pharmaceuticals to finance. Yet the field’s evolution has been bottlenecked not by hardware alone, but also by the lack of intuitive, scalable software environments. That’s where Classiq enters the picture.
Founded in 2020 by Nir Minerbi (CEO), Amir Naveh (CPO), and Dr. Yehuda Naveh (CTO), Classiq is developing a comprehensive quantum software stack that simplifies and standardizes quantum algorithm design. Their vision? To be the Microsoft of the quantum era—providing foundational infrastructure that accelerates adoption and innovation.
Now, with a massive \$110 million Series C raise—the largest ever in quantum software—Classiq is ready to scale. The round was led by Entrée Capital and joined by major names like Norwest, NightDragon, HSBC, Samsung Next, Intel’s Lip-Bu Tan, and others. This brings the company’s total funding to \$173 million.
This funding isn’t just a win for Classiq—it’s a pivotal signal for the broader quantum landscape. The capital will fuel international expansion, strengthen R\&D efforts, and deepen collaboration with governments and research institutions involved in national quantum initiatives.
Classiq’s client list already reads like a Who’s Who of global enterprise: BMW, Citi, Deloitte, Rolls-Royce, Mizuho, and Toshiba are all on board. Partnerships with Microsoft, AWS, and NVIDIA also cement its status as a rising standard in quantum computing.
Nir Minerbi noted that sales are tripling annually, and the company expects to reach double-digit millions in revenue within the next year. That’s a dramatic shift from its early days—when the startup had virtually no customers. “We built an OS that no one needed,” Minerbi said, reflecting on their early gamble. But that bet, he added, is now paying off in a major way.
The company currently employs 65 people and plans to double its team by 2026, with a focus on strategic, sustainable growth rather than aggressive hiring for its own sake. Already strong in Japan and the U.S., Classiq is looking to further expand into Europe and beyond.
Minerbi hints that acquisition offers could come from big tech partners like Microsoft, NVIDIA, or Google—but for now, the goal is clear: lead the market, define the software stack, and be ready when the quantum boom goes mainstream.
What Undercode Say:
The \$110 million raise by Classiq is more than a headline—it’s a marker of where quantum computing is heading and how software is beginning to take center stage. Just like we saw in the early PC era, hardware innovation must eventually be matched by robust software development ecosystems. Classiq is positioning itself to be that ecosystem.
Here’s why this matters:
Timing is everything. Quantum computing is finally crossing the chasm from theory to commercial interest. With major players like Google and IBM demonstrating quantum advantage, software is no longer an afterthought—it’s a critical component.
Standardization is key. In the 1980s, Microsoft didn’t invent the PC. It made it accessible. Classiq is trying to do the same for quantum circuits, enabling domain experts who aren’t quantum physicists to build meaningful applications.
Partnerships signal trust. Collaborations with NVIDIA, Microsoft, and AWS aren’t just for marketing—they’re a vote of confidence from the most powerful names in tech. It also gives Classiq leverage to become embedded into cloud-native quantum services.
Academic integration shows long-term vision. By aligning with top universities and integrating into their curriculum, Classiq is nurturing the next generation of quantum developers before the market hits critical mass.
Enterprise traction validates the model. Having BMW, Citi, and Toshiba as customers isn
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