Classiq, a Tel Aviv, Israel-based company providing a quantum development platform, raised $110M in Series C funding.
The round was led by Entrée Capital, with participation from Norwest, NightDragon, funds managed by Hamilton Lane (Nasdaq: HLNE), Clal, Neva SGR, Phoenix, Team8, IN Venture, Wing, HSBC, Samsung Next and QBeat, as well as other new and existing investors.
The company intends to use the funds to expand operations and its development efforts.
Led by CEO Nir Minerbi, Classiq Technologies is a quantum software company that provides a platform (IDE, compiler, and operating system) automating quantum programming, enabling companies and researchers to develop quantum applications without requiring quantum expertise. It uses proprietary algorithmic compilation technology to synthesize quantum circuits with millions of gates, enabling quantum programs to scale quantum computers.
The company serves enterprises across industries, including BMW, Citi, Deloitte, Rolls-Royce, Mizuho and Toshiba.
This investment brought Classiq’s total funding to $173M.
FinSMEs
12/05/2025