StageSeries B - III | Alive
Last Raised$20M | 2 mos ago
Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+10 points in the past 30 days
About Quantum Machines
Quantum Machines develops control systems for quantum computers. Its Quantum Orchestration Platform (QOP) redefines the control and operations architecture of quantum processors. The company offers solutions such as quantum computing research, quantum sensing, quantum networks, and quantum cloud. Quantum Machines was founded in 2018 and is based in Tel Aviv, Israel.
Quantum Machines's Product Videos
ESPs containing Quantum Machines
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
Companies in this market work on software and systems to better control a quantum computer’s qubits and reduce errors — a major pain point for today’s quantum computers. In effect, they help make quantum computers more useful machines.
Quantum Machines named as Challenger among 4 other companies, including Q-Ctrl, Riverlane, and QuantrolOx.
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Quantum Machines's Products & Differentiators
Quantum Orchestration Platform
A solution for quantum orchestration that comprises hardware and software components for the control and operation of quantum systems.
Research containing Quantum Machines
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Quantum Machines in 1 CB Insights research brief, most recently on Apr 21, 2020.
Expert Collections containing Quantum Machines
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Quantum Machines is included in 2 Expert Collections, including Quantum Tech.
Private companies working on quantum computing, quantum communication, post-quantum cryptography, quantum sensors, and other quantum tech.
Semiconductors, Chips, and Advanced Electronics
Companies in this collection develop everything from microprocessors to flash memory, integrated circuits specifically for quantum computing and artificial intelligence to OLED for displays, massive production fabs to circuit design firms, and everything in between.
Quantum Machines Patents
Quantum Machines has filed 40 patents.
The 3 most popular patent topics include:
- Quantum information science
- Quantum mechanics
- Quantum computing
Latest Quantum Machines News
Mar 9, 2023
QuantWare , the Dutch startup that builds quantum processors for research and commercial usage, today announced that it has raised a €6 million seed round (that’s about $6.33 million) led by Dutch deep tech investor Forward.One , with participation from QDNL Participations and Graduate Entrepreneur , among others. The company says it will use this new funding to scale up its team and support the production and development of its 64-qubit Tenor processor, which, thanks to its innovative architecture, will now allow the company to more quickly scale to larger qubit chips. Last year, QuantWare was selected to deliver the quantum processing units for Israel’s first quantum computer (together with the likes of Quantum Machines) and in recent months the company launched its foundry service for helping others fabricate their own superconducting quantum chips and its first nonprocessor product, the “Crescendo” amplifier. All of this is happening against a backdrop of increased interest in an open hardware ecosystem — comparable to where classical computing is today. Right now, though, the focus for QuantWare is its new processor. As the company’s CEO and co-founder Matthijs Rijlaarsdam told me, the major advancement is in how it connects the different qubits. With this new processor, the company is going 3D and bringing in these control lines from the top. “This will allow us to create modules that we can stick together and then get to very large qubit counts very rapidly,” he explained. The company expects to be able to at least double its qubit count on an annual basis — and Rijlaarsdam noted that even if they could go faster, given the current state of the overall industry, it would be very hard for any potential customer to control a 1,000-qubit machine right now. When QuantWare first launched , Rijlaarsdam told me that the company wanted to enable others to build quantum computers. “We’re trying to enable people to become Dell — the Dell of quantum,” he said at the time. That would make QuantWare akin to Intel and AMD for quantum computing. And with a project like Israel’s first quantum computer as a marquee customer, it looks like some of these bets are now paying off. “There’s an ecosystem forming around our processors. So that’s really exciting to see,” said Rijlaarsdam. He also noted that the company, which was spun out of TU Delf/ QuTech , expects that it will be able to scale to any current demand — it’s not like there are thousands of firms looking to build a quantum computer, after all. QuantWare, which currently uses national cleanrooms available to researchers and companies in the Netherlands, will continue to bring more of its production in-house over time. “It’s not really about volume,” Rijlaarsdam said. “It’s about quality. It’s about fully controlling your process.” The company tells me that it raised more than it had originally planned. Rijlaarsdam tells me that the plan is, thanks to this investment, the company will roughly double in size, but a lot of the investment will also go into acquiring fabrication and measurement equipment (measurement equipment, Rijlaarsdam noted, is a bit of a bottleneck for the industry as a whole).
Quantum Machines Frequently Asked Questions (FAQ)
When was Quantum Machines founded?
Quantum Machines was founded in 2018.
Where is Quantum Machines's headquarters?
Quantum Machines's headquarters is located at 7 HaShalom, Tel Aviv.
What is Quantum Machines's latest funding round?
Quantum Machines's latest funding round is Series B - III.
How much did Quantum Machines raise?
Quantum Machines raised a total of $93M.
Who are the investors of Quantum Machines?
Investors of Quantum Machines include Samsung NEXT, Qualcomm Ventures, Red Dot Capital Partners, Meron Capital, Alumni Ventures and 11 more.
Who are Quantum Machines's competitors?
Competitors of Quantum Machines include Zurich Instruments and 2 more.
What products does Quantum Machines offer?
Quantum Machines's products include Quantum Orchestration Platform.
Who are Quantum Machines's customers?
Customers of Quantum Machines include CEA Saclay and Weizmann Institute of Science.
Compare Quantum Machines to Competitors
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