Meta description: Israeli startup Quantum Art completes $100 million Series A funding, aiming to scale commercial quantum computing systems and reach quantum advantage within two years.
Quantum Art, an Israeli quantum computing startup, has closed a $100 million Series A funding round, increasing its total capital raised to $124 million. This significant influx of capital positions the company to advance its proprietary multi-qubit architecture and scale toward systems that can deliver commercial quantum advantage. Investors, founders, and partners in the deep tech sector will find this development noteworthy due to its scale, ambitious roadmap, and the roster of backers involved.
Who invested in this round?
The Series A was led by Bedford Ridge Capital, joined by Battery Ventures, Destra Investments, Lumir Growth Partners, Disruptive AI, Harel Insurance, Karen W. Davidson, GTV, Yasmin Lukatz, Corner Capital, and Qbeat Ventures. Several existing backers, including Amiti Ventures, StageOne Ventures, Vertex Ventures, Entrée Capital, and the Weizmann Institute of Science, participated as well. This blend of institutional investors, strategic funds, and individual participants signals a broad base of confidence in the company’s technology and market approach.
What does this mean for Quantum Art’s growth?
With $124 million now raised, Quantum Art has the resources to accelerate product development and advance its systems from early prototypes to scalable commercial-grade machines. The capital will help expand engineering capacity, enhance system control frameworks, and refine error correction processes. In addition, securing funding from reputable investors can strengthen business development channels and credibility with potential enterprise clients in industries such as finance, logistics, materials discovery, and defense.
What milestones are targeted?
Quantum Art’s published roadmap outlines a progression from a 50-qubit system in 2025 to a 1,000-qubit “Perspective” system by 2027, followed by a mid-stage “Landscape” series with 12,000 to 40,000 qubits expected between 2029 and 2031. The long-term goal is a fully fault-tolerant 1 million qubit “Mosaic” system by 2033. This timeline includes intermediate achievements aimed at demonstrating commercial quantum advantage as early as 2027, supported by technologies such as advanced multi-qubit gates, optical segmentation, dynamic reconfiguration, and high-density modular architectures that increase computational throughput and efficiency.
The company’s architecture promises high-speed operation with up to 100 times more gates per second and parallel operations compared to leading competitor models, while significantly reducing physical footprint. These improvements aim to make large-scale quantum systems practical for complex problem solving and industrial applications.
Frequently asked questions
- How much funding has Quantum Art raised to date?
The company has raised a total of $124 million, including the recently closed $100 million Series A. - Which investors are leading the charge?
Bedford Ridge Capital led the Series A, with support from Battery Ventures and several other institutional and strategic investors. - What is commercial quantum advantage?
It refers to the point where quantum systems can outperform classical computing in practical, real-world tasks, delivering measurable business value. - When does Quantum Art expect to reach quantum advantage?
The company targets 2027 for this milestone. - What industries could benefit?
Potential sectors include materials science, finance, logistics, and defense, among others.
Key takeaways
Quantum Art’s Series A funding strengthens its position in the competitive quantum computing sector. The capital secures the means to deliver on an ambitious technology roadmap and move closer to systems capable of addressing complex computing challenges. Founders in deep tech can view this as an example of securing diversified investor support to fund long-term development. Investors can note the confidence placed by reputable backers in a company with both academic pedigree and proprietary technical frameworks.
Disclaimer
This content is for informational purposes only and does not constitute financial advice. Readers should conduct their own research before making financial decisions.