What is Classiq?
Classiq Technologies is recognized as the leading quantum software company, offering a comprehensive quantum development platform. This platform, which includes an IDE, compiler, and operating system, automates quantum programming. It empowers enterprises and researchers to develop complex quantum applications without requiring deep expertise in quantum mechanics. By abstracting the intricacies of quantum computing, Classiq enables broader adoption and accelerates the development of practical quantum solutions.
How much funding has Classiq raised?
Classiq has raised a total of $203.5M across 5 funding rounds:
Unspecified
$4M
Series A
$10.5M
Series B
$49M
Series C
$110M
Other Financing Round
$30M
Unspecified (2020): $4M with participation from Entree Capital
Series A (2021): $10.5M led by Wing Capital Group and Team8
Series B (2022): $49M supported by Phoenix, Spike Ventures, Hewlett Packard Pathfinder, and Awz Ventures
Series C (2025): $110M featuring Neva Sgr, NightDragon, HSBC, Samsung NEXT, Entree Capital, Team8, Norwest Venture Partners, PHOENIX Group, Qbeat, Clal Finance, and Hamilton Lane
Other Financing Round (2025): $30M backed by IonQ, AMD, Qualcomm, and Mirae Asset Financial Group
Key Investors in Classiq
Hewlett Packard Pathfinder
Hewlett Packard Pathfinder is an investment arm focused on identifying and integrating leading startup technologies with Hewlett Packard Enterprise products, driving innovation and delivering differentiated solutions to enterprise clients.
NightDragon
NightDragon is a venture capital firm specializing in the SecureTech industry, including cybersecurity and quantum computing, investing in and advising mission-driven companies to foster growth and innovation.
Entree Capital
Entree Capital backs ambitious technology and product businesses from early stages through scale-up, providing capital and practical guidance to help companies refine strategy and achieve lasting impact.
What's next for Classiq?
The substantial enterprise-level backing Classiq has received positions it for accelerated growth and market expansion. This strategic investment is expected to fuel further development of its quantum development platform, enhance its go-to-market strategies, and solidify its position as a leader in the burgeoning quantum software industry. The company's focus on simplifying quantum programming suggests a trajectory aimed at democratizing access to quantum computing power for a wider range of industries and research applications.
See full Classiq company page
