What is Quantum Machines?
Quantum Machines, founded in 2018 and based in Tel Aviv, Israel, is addressing a critical bottleneck in quantum research and development. The company provides advanced infrastructure designed to support the most sophisticated quantum algorithms and scale in line with rapid development cycles. Its focus on robust infrastructure is crucial for enabling breakthroughs in quantum computing.
How much funding has Quantum Machines raised?
Quantum Machines has raised a total of $263M across 4 funding rounds:
Angel/Seed
$5.5M
Series A
$17.5M
Series B
$70M
Series C
$170M
Angel/Seed (2018): $5.5M with participation from TLV Partners and Battery Ventures
Series A (2020): $17.5M, investors not publicly disclosed
Series B (2023): $70M supported by Valor Equity Partners, Battery Ventures, Claridge Israel, Qualcomm Ventures, Red Dot Capital Partners, 2i Ventures, TLV Partners, Exor, Samsung NEXT, Atreides Management, and Meron Capital
Series C (2025): $170M featuring Red Dot Capital Partners, PSG Equity, and Intel Capital
Key Investors in Quantum Machines
Red Dot Capital Partners
Red Dot Capital Partners is an investment firm that supports exceptional Israeli founders in building the next generation of global tech companies. They are the first to invest in startups that have reached product market fit and act as a primary gateway for these companies looking to expand into South East Asia and Japan.
PSG Equity
Providence Strategic Growth Capital Partners L.L.C. is a company that specializes in investment services. It offers private equity investments, and strategic growth focused on the media, communications, education, and information industries. The company was established in 2014 and is based in Providence, Rhode Island.
Intel Capital
Founded in 1991, Intel Capital, a division of Intel, invests in innovative startups targeting artificial intelligence, autonomous vehicles, datacenter, Cloud, 5G, next-generation compute, and a wide range of other technologies. Intel Capital curates thousands of business development introductions each year.
What's next for Quantum Machines?
With its recent major strategic investment and a history of substantial capital raises, Quantum Machines is well-positioned for accelerated growth and innovation. The company's trajectory suggests a scaling phase, likely focusing on expanding its technological capabilities, market reach, and strategic partnerships. Continued investment in its core infrastructure will be key to maintaining its leadership in the quantum computing ecosystem.
See full Quantum Machines company page
