Quantum computing might sound like science fiction, but it’s edging closer to real-world use—and one startup is leading the charge. Israeli company Classiq just raised a jaw-dropping $110 million to make quantum software easier for businesses everywhere.
Key Insights:
- This is the biggest funding round ever for a quantum software company. Investors like Samsung Next, HSBC, and Entrée Capital clearly see big potential.
- Classiq’s goal? Become the go-to software platform for building quantum apps—kind of like how Microsoft shaped traditional computing.
- They’re building tools that make quantum programming way more accessible. You don’t need to be a quantum physics genius to use their platform.
- Major companies like BMW, Citi, and Deloitte are already using Classiq’s software to explore what quantum can do in areas like logistics, finance, and simulation.
- Classiq is also in tight partnership with tech giants like AWS, Microsoft, and NVIDIA, plus many academic institutions are already teaching its tools in classrooms.
- With over 60 patents and a rapidly growing team, the company is racing ahead to close the gap between complex quantum hardware and user-friendly software.
Educatekaro’s Takeaway:
This is one of those quiet tech moments that might seem niche now, but it’s a big deal. If quantum computers are the future—and many believe they are—then Classiq wants to be the tool everyone uses to unlock that power. Whether you’re in banking, healthcare, or logistics, this tech could one day help solve problems regular computers just can’t handle. It’s still early days, but Classiq’s massive funding shows that the future of quantum isn’t just coming—it’s already under construction.
Read more on GlobeNewsWire
