Classiq Technologies

Classiq is the world's first quantum computing company to bring automation and synthesis into the quantum algorithm's design process.

Classiq brings the quantum software stack to a new level of abstraction, empowering quantum software developers and enabling the development of world-changing quantum algorithms and applications.

Classiq was founded in 2020 by Nir Minerbi, Yehuda Naveh and Amir Naveh. The company is headquartered in Tel Aviv, Israel and Milwaukee, Wisconsin.

 

Classiq's patented software automatically converts high-level functional models into optimized quantum circuits for most quantum computers and cloud providers.

 

Classiq's platform let companies to build software they could not create otherwise, bypassing the quantum assembly level. Classiq also makes it easy to upskill functional experts with little quantum experience and integrate them into high-performing quantum teams.

 

Classiq forged partnerships with leading companies include, Amazon, ColdQuanta, NVIDIA , The Fraunhofer Institute, The Chicago Quantum Exchange, among others.

 

Classiq is backed by Hewlett Packard Pathfinder, HSBC, Sumitomo Corporation, NTT Finance, Samsung NEXT, Team8 Capital, Wing Capital, Entrée Capital, Awz Ventures, Phoenix, OurCrowd, Spike Ventures, and others. The company extended its series B round to $49M on Sep 20, 2022, this follows a $36M raised in Jun 2022. The additional investment brings Classiq's total funding to $77.3M to date.

 

 

  • Year founded: 2020
  • Funding Info: $77.3M over 5 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: Tel Aviv
  • State: Tel Aviv
  • Country: Israel
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