Classiq Technologies

Classiq is the world's first quantum computing company to bring automation and synthesis into the quantum algorithm's design process.

Classiq brings the quantum software stack to a new level of abstraction, empowering quantum software developers and enabling the development of world-changing quantum algorithms and applications.

Classiq was founded in 2020 by Nir Minerbi, Yehuda Naveh and Amir Naveh. The company is headquartered in Tel Aviv, Tel Aviv, Israel.

 

Classiq enables you to step confidently into the world of quantum software development, working with you side-by-side and giving you everything you need to synthesize industry-specific quantum algorithms, right out of the gate.

 

Classiq accelerates and optimizes every aspect of quantum software development - from minimizing the amount of gates used, to optimizing for constraints like circuit depth, error range and levels of entanglement.

 

Classiq's patented breakthrough technology automatically transforms high-level functional models into optimized quantum circuits for a wide range of hardware and cloud providers, turning months into minutes of work and making it possible to harness the true power of today’s and tomorrow’s computers.

 

Classiq is backed by Hewlett Packard Pathfinder, Team8 Capital, Wing Capital, HSBC, Entrée Capital, Phoenix, OurCrowd, Sumitomo Corporation, NTT Finance, Spike Ventures, Samsung NEXT, and others. The company raised additional $3M on May 16, 2022. This is an extension of their $33M Series B raised in Feb 2022, bringing the round total $36M. The latest investment brings Classiq's total funding to $50.5M to date.

 

 

  • Year founded: 2020
  • Funding Info: $50.5M over 4 Rounds (Latest Funding Type: Series B)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Tel Aviv
  • State: Tel Aviv
  • Country: Israel
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