Quantum Machines Secures $170M to Advance Quantum Computing Solutions

The Israeli startup's technology supports over half of global quantum computing companies as the industry accelerates breakthroughs.

Quantum Machines raised $170 million in a Series C funding round led by PSG Equity, with Intel Capital and Red Dot Capital Partners also participating.
The company provides quantum control solutions and is utilized by more than half of all quantum computing companies worldwide, including large corporations, startups, national labs, and universities.
The funding will support the development of next-generation technology, scaling quantum computers to tens of thousands of qubits, and expanding global operations and hiring.
Recent quantum breakthroughs from Google and Microsoft, including Google's Willow chip and Microsoft's Majorana 1 chip, have fueled optimism and investment in the sector.
Quantum Machines remains technology-agnostic, positioning itself as a critical infrastructure provider for the rapidly evolving quantum computing industry.