Quantum computing software program firm Classiq has introduced the completion of a strategic funding spherical with participation from AMD Ventures, Qualcomm Ventures, and IonQ.
Monetary establishments together with Mirae Asset Capital, LeumiTech77 by Financial institution Leumi, and Quantum Eretz additionally took half within the spherical.
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The funding brings Classiq’s complete funding to greater than $200m.
In keeping with Classiq, the brand new capital will likely be used to broaden its international operations and strengthen collaborations with each personal and public sector companions.
AMD Ventures head Sagi Paz mentioned: “Our funding in Classiq underscores our concentrate on advancing the way forward for heterogeneous computing.
“We imagine that high-level quantum software program will play a key function in enabling the seamless integration of quantum and classical HPC methods, and we look ahead to collaborating with Classiq to additional strengthen the software program ecosystem supporting this convergence.”
Classiq plans to extend its help and supply groups to handle rising demand for its quantum computing software program.
Classiq’s platform is utilized by organisations searching for to maneuver quantum computing initiatives from experimental phases to sensible implementation.
The corporate’s expertise integrates with quantum {hardware} suppliers, cloud platforms, and high-performance computing environments.
Qualcomm Ventures Israel and Europe managing director and Qualcomm Israel senior funding director Boaz Peer mentioned: “Classiq’s platform aligns with our imaginative and prescient of enabling clever edge and cloud methods, and we’re excited to help their efforts in making quantum growth extra accessible, moveable, and optimised for numerous workloads.”
Classiq has established collaborations with expertise companies equivalent to Nvidia, Microsoft, and Amazon Internet Companies (AWS), and works with purchasers together with BMW Group, Comcast, Rolls Royce, and SoftBank.
The corporate famous that its platform is designed to help each new and skilled groups, offering instruments for algorithm design, software program optimisation, and deployment throughout numerous computing infrastructures.
Classiq CEO and co-founder Nir Minerbi mentioned: “This funding represents the belief we’re seeing from the businesses shaping the way forward for computing.
“As quantum {hardware} continues to mature, the necessity for scalable, environment friendly software program turns into much more essential. Our new AI coding function is one other instance of how we’re making quantum software program extra approachable than ever.”
In Might 2025, Classiq raised $110m in its Collection C funding spherical.
The corporate mentioned that it’s going to use the capital to broaden its go-to-market methods, improve buyer success initiatives, and strengthen its analysis and growth groups.
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