Classiq Secures $173M in Series C to Revolutionize Quantum Software Automation

Classiq, the leading quantum computing software company, has successfully raised $173,000,000 in its latest funding round—a pivotal milestone that underscores the growing investor confidence in its innovative solutions and the quantum computing ecosystem as a whole. This infusion of capital will empower Classiq to further develop and expand its revolutionary platform, which is designed to transform the quantum software stack through the seamless integration of an IDE, SDK, Compiler, and operating system for quantum computing. Inspired by traditional semiconductor design automation, Classiq’s unique approach leverages deep quantum expertise alongside classical computing automation techniques, enabling the efficient synthesis of optimized and scalable quantum circuits tailored to specific quantum machines. With this funding, the company aims to accelerate the development of high-level functional libraries and incorporate advanced heuristics and algorithms, thereby providing quantum developers, computer providers, cloud platforms, and HPC partners with unmatched automation capabilities. The new investment will also support Classiq’s strategic initiatives to broaden its market reach and deepen collaborations with industry leaders in both quantum and supercomputing sectors, ensuring that users—from experienced quantum developers to newcomers—can tackle the complexities of quantum coding with unprecedented ease. Ultimately, this capital raise marks a significant step forward in catalyzing quantum innovation and democratizing access to transformative quantum computing technologies, firmly positioning Classiq at the intersection of quantum physics and computer science. With plans to enhance its platform’s scalability and performance further, Classiq is poised to not only redefine how quantum circuits are developed and optimized but also drive industry-wide adoption of quantum solutions in the rapidly evolving landscape of advanced computation.