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Quantum Machines is a series C company based in Tel Aviv (Israel), founded in 2018 by Itamar Sivan, Yonatan Cohen and Nissim Ofek. It operates as a Provider of cloud-powered qubit controllers for quantum computers. Quantum Machines has raised $280M in funding from investors like Qualcomm Ventures, Battery Ventures and Harel Group. The company has 3 active competitors, including 2 that are funded. Its top competitors are Qblox, Q-Lion and NeQST.
Company Details
Provider of cloud-powered qubit controllers for quantum computers. It provides users with the development of quantum control and operation systems for quantum computers (both hardware and software). It also focuses to combine classical computer engineering techniques with quantum computing technology to build quantum infrastructure.
- Website
- quantum-machines.co
- Social
- Email ID
- *****@quantum-machines.co
- Phone Number
- +972 **********
Key Metrics
Founded Year
2018
Location
Tel Aviv, Israel
Stage
Series C
Total Funding
$280M in 7 rounds
Latest Funding Round
Investors
Ranked
1st among 3 active competitors
Investment & Acquisitions
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Quantum Machines's funding and investors
Filter this listQuantum Machines has raised a total funding of $280M over 7 rounds. Its first funding round was on Nov 21, 2018. Its latest funding round was a Series C round on Jan 07, 2025 for $170M. 3 investors participated in its latest round, lead by PSG.
Quantum Machines has 19 institutional investors including Qualcomm Ventures, Battery Ventures and Harel Group. There is only 1 Angel Investor in Quantum Machines.
Here is the list of recent funding rounds of Quantum Machines:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jan 07, 2025 | $170M | Series C | 3517078 | 3322255 | |
Sep 18, 2023 | Undisclosed | Series B | 9780931 | 7301741 | |
Jan 18, 2023 | $20M | Series B | 6262990 | 5938165 | - |
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Quantum Machines' founders and board of directors
Founder? Claim ProfileThe founders of Quantum Machines are Itamar Sivan, Yonatan Cohen and Nissim Ofek. Itamar Sivan is the CEO of Quantum Machines.
Here are the details of Quantum Machines' key team members:
- Itamar Sivan: Co-Founder & CEO of Quantum Machines. Contact Info: 1 email address
- Yonatan Cohen: Co-Founder & CTO of Quantum Machines. Contact Info: 1 email address
- Nissim Ofek: Co-Founder & VP of Quantum Machines. Contact Info: 1 email address
View details of Quantum Machines's Founder profiles and Board Members
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Quantum Machines's Competitors and alternates
Top competitors of Quantum Machines include Qblox, Q-Lion and NeQST. Here is the list of Top 10 competitors of Quantum Machines, ranked by Tracxn score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Quantum Machines 2018, Tel Aviv (Israel), Series C | Provider of cloud-powered qubit controllers for quantum computers | $280M | 61/100 | |
2nd | Qblox 2013, Delft (Netherlands), Series A | Limited information available | $26.1M | 43/100 | |
3rd | Developer of quantum error-correcting codes | - | - | 15/100 | |
4th | NeQST Unfunded | Developer of foundational breakthroughs in qudit quantum information processing | - | - | - |
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Quantum Machines's Investments and acquisitions
Quantum Machines has acquired QDevil. Quantum Machines has not made any investments as of now.
Reports related to Quantum Machines
Here is the latest report on Quantum Machines's sector:
News related to Quantum Machines
Filter this listMedia has covered Quantum Machines for a total of 12 events in the last 1 year, 5 of them have been about partnerships and 2 about company updates.
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Quantum Machines launches Qualibrate open source framework to speed quantum computer calibrationVentureBeat•May 19, 2025•Quantum Machines
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Quantum Machines Collaborates with NVIDIA at New Accelerated Quantum Research CenterHpcwire•Mar 31, 2025•NVIDIA, Quantum Machines
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Quantum Machines Announces NVIDIA DGX Quantum Early Access ProgramHpcwire•Mar 19, 2025•Quantum Machines, NVIDIA
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Quantum Machines: $170 Million (Series C) Secured For Advanced Quantum Control SolutionsPulse 2.0•Mar 10, 2025•Quantum Machines, PSG Equity, Intel Capital, Red Dot Capital Partners and 1 other
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Rigetti Computing Reports Fourth Quarter and Full-Year 2024 ResultsGlobeNewswire•Mar 06, 2025•Rigetti Computing, Quanta Computer, Montana State University, Quantum Metric and 6 others
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Israel Quantum Machines Raises $170M in Series C fundingFinSMEs•Feb 25, 2025•Quantum Machines, Intel Capital, Red Dot Capital Partners, PSG and 3 others
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Israeli startup Quantum Machines secures $100m in fundingTech in Asia•Jan 07, 2025•Quantum Machines, Battery Ventures, Maor Investments, Meron Capital and 2 others
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Quantum Machines and Rigetti Announce Successful AI-Powered Calibration of a Quantum ComputerGlobeNewswire•Dec 10, 2024•Quantum Machines, Rigetti Computing
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Quantum Machines Integrates Qruise’s ML Software for Enhanced Quantum ControlHpcwire•Sep 19, 2024•Qruise, Quantum Machines
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