Classiq Technologies Secures $110M Series C to Transform Quantum Software Development

Classiq, the pioneering leader in quantum computing software, is excited to announce that it has successfully raised $110 million in its latest funding round. This significant capital infusion underlines the growing industry confidence in Classiq’s innovative approach, which combines the wisdom of traditional semiconductor design automation with the power of modern quantum and classical computing software automation. The funds will empower Classiq to further enhance its high-level quantum development environment—a state-of-the-art ecosystem that includes an IDE, SDK, compiler, and operating system specifically tailored for quantum computing. With this investment, Classiq aims to propel its mission of revolutionizing the quantum software stack by expanding its research and development capabilities, accelerating product enhancements, and solidifying strategic partnerships within the quantum computing ecosystem. This capital will not only enable Classiq to push the envelope on automating quantum circuit design for both budding quantum developers and established practitioners but will also foster the company’s efforts to integrate deeply with quantum computer providers, quantum clouds, and high-performance computing platforms. As manual gate-level coding becomes increasingly impractical with the advent of more powerful quantum hardware, Classiq’s automated solution, which synthesizes scalable quantum circuits and benchmarks them efficiently, is poised to transform the workflow of quantum software development. The funding will also support Classiq’s collaboration with leading supercomputing providers, ensuring that the fusion of quantum and classical computing continues to deliver cutting-edge solutions to the industry. This investment marks a major milestone in Classiq’s journey to redefine the boundaries of computation and accelerate the quantum revolution.