No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, October 30, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Israeli quantum software co Classiq raises $110m

by TheAdviserMagazine
6 months ago
in Business
Reading Time: 2 mins read
A A
Israeli quantum software co Classiq raises 0m
Share on FacebookShare on TwitterShare on LInkedIn


Israeli quantum software company Classiq today announced the completion of a $110 million Series C financing round. The quantum computing sector is booming and Classiq’s fund raising comes three months after another Israeli company – Quantum Machines – raised $170 million. Classiq did not disclose the valuation at which the round was completed but industry sources estimate it at above $400 million. The modest valuation is in line with the company’s annual revenue, which is estimated at $8-9 million.





RELATED ARTICLES




#9 Classiq: Ahead of the quantum software game






The round was led by Entrée Capital, with participation from Norwest, NightDragon, Hamilton Lane, Clal, Neva SGR, Phoenix, Team8, IN Venture, Wing, HSBC, Samsung Next and QBeat, as well as other new and existing investors. This investment brings Classiq’s total funding to $173 million.

The new funds will be used to help meet growing demand by enlarging marketing, sales and R&D teams. Classiq will expand its role in national quantum initiatives and as a cornerstone of the quantum ecosystem.

Classiq was founded in 2020 by CEO Nir Minerbi, Amir Naveh, and Yehuda Naveh. The company was chosen by “Globes” as one of Israel’s most promising startups in 2022.

Minerbi said “We are building the Microsoft of quantum computing. In this new era of computing, Classiq is delivering the essential software stack to empower the development of real-world quantum applications.”

Classiq says it has tripled its customer base and revenue year over year and is used by dozens of the top enterprise teams and hundreds of academic institutions worldwide, enabling the creation of quantum applications. Customers include BMW, Citi, Deloitte, Rolls-Royce, Mizuho and Toshiba. The company also collaborates with leading tech giants such as Microsoft, AWS and NVIDIA, as well as academia, forming part of the official curriculum in many top-tier universities.

Classiq’s platform and enterprise solution is suited to designing scalable quantum programs, and addresses the widening gap between quantum hardware and quantum software.

Published by Globes, Israel business news – en.globes.co.il – on May 12, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: 110mClassiqIsraeliQuantumRaisesSoftware
ShareTweetShare
Previous Post

Links 5/12/2025 | naked capitalism

Next Post

How Financial Advisors Can Leverage The Effectiveness Of Niche Marketing Without Having One

Related Posts

edit post
Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

by TheAdviserMagazine
October 30, 2025
0

The crypto markets fell slightly on Wednesday after Jerome Powell, chair of the Federal Reserve Board, hinted that an October...

edit post
Groww announces IPO dates as regulatory uncertainty looms over stock brokers

Groww announces IPO dates as regulatory uncertainty looms over stock brokers

by TheAdviserMagazine
October 29, 2025
0

Online brokerage Groww will kick off one of the most anticipated public issues of the year in the first week...

edit post
Boot Barn outlines .2B sales target and 1,200-store expansion amid raised TAM to B (NYSE:BOOT)

Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)

by TheAdviserMagazine
October 29, 2025
0

Seeking Alpha's Disclaimer: The earnings call insights are compilations of earnings call transcripts and other content available on the Seeking...

edit post
The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

by TheAdviserMagazine
October 29, 2025
0

Being CEO has its many perks: Business leaders get to command the world’s most powerful companies, shape their legacies as...

edit post
Mastercard poised to acquire crypto startup Zerohash for nearly  billion, sources say

Mastercard poised to acquire crypto startup Zerohash for nearly $2 billion, sources say

by TheAdviserMagazine
October 29, 2025
0

Mastercard has its sights on another crypto company. The payments goliath is said to be in late-stage talks to acquire...

edit post
Yunus fears attempts to thwart planned Bangladesh polls

Yunus fears attempts to thwart planned Bangladesh polls

by TheAdviserMagazine
October 29, 2025
0

Bangladesh's interim government chief Muhammad Yunus on Wednesday said he feared forces "from home and abroad" to thwart planned general...

Next Post
edit post
How Financial Advisors Can Leverage The Effectiveness Of Niche Marketing Without Having One

How Financial Advisors Can Leverage The Effectiveness Of Niche Marketing Without Having One

edit post
Israel’s fiscal deficit narrows for seventh straight month

Israel's fiscal deficit narrows for seventh straight month

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

0
edit post
The Difference Between a Tax Levy and a Tax Lien 

The Difference Between a Tax Levy and a Tax Lien 

0
edit post
Wed: Chip cos lead big TASE gains

Wed: Chip cos lead big TASE gains

0
edit post
Reducing This Type of Cholesterol May Lower Dementia Risk by 80%. Have You Even Heard of It?

Reducing This Type of Cholesterol May Lower Dementia Risk by 80%. Have You Even Heard of It?

0
edit post
Xi strikes conciliatory tone as he meets Trump in South Korea

Xi strikes conciliatory tone as he meets Trump in South Korea

0
edit post
Elite Ferrari clientele to bid on Le Mans race car with digital tokens

Elite Ferrari clientele to bid on Le Mans race car with digital tokens

0
edit post
Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

October 30, 2025
edit post
Xi strikes conciliatory tone as he meets Trump in South Korea

Xi strikes conciliatory tone as he meets Trump in South Korea

October 29, 2025
edit post
Groww announces IPO dates as regulatory uncertainty looms over stock brokers

Groww announces IPO dates as regulatory uncertainty looms over stock brokers

October 29, 2025
edit post
Boot Barn outlines .2B sales target and 1,200-store expansion amid raised TAM to B (NYSE:BOOT)

Boot Barn outlines $2.2B sales target and 1,200-store expansion amid raised TAM to $58B (NYSE:BOOT)

October 29, 2025
edit post
Reducing This Type of Cholesterol May Lower Dementia Risk by 80%. Have You Even Heard of It?

Reducing This Type of Cholesterol May Lower Dementia Risk by 80%. Have You Even Heard of It?

October 29, 2025
edit post
The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

The CEOs of Apple, Airbnb, and PepsiCo agree on one thing: life as a business leader is incredibly lonely

October 29, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025
  • Xi strikes conciliatory tone as he meets Trump in South Korea
  • Groww announces IPO dates as regulatory uncertainty looms over stock brokers
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.