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Qedma raises $26M in Series A funding, led by Glilot Capital Partners with support from IBM and others, to enhance quantum computing error resilience.

Jul 03, 202530 days ago

Amount Raised

$26 Million

Round Type

series a

Tel AvivInformation TechnologySoftware

Investors

Tpy CapitalKorean Investment PartnersIbmGlilot Capital Partners

Description

Qedma, specializing in quantum noise resilience solutions, has secured $26 million in Series A funding. The round was led by Glilot Capital Partners, with participation from IBM and other investors. Their software aims to significantly reduce errors in quantum computing. Qedma's innovative approach could allow for much larger quantum calculations than currently feasible.

Company Information

Company

Qedma

Location

Tel Aviv, Tel Aviv District, Israel

About

Qedma is developing a new operating system which aims to propel the most important computation revolution of our lifetime - quantum computation. With the potential to address some of humanity's most pressing problems, quantum computation is expected to define what computation is in the coming decades. To achieve these grand goals, the quantum industry must develop a new type of operating system specifically tailored for quantum computers, which offers ways to overcome the critical challenges that quantum developers are facing.

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