Quantum Machines Raises $50M To Make Quantum Computers Ubiquitous And Disruptive Across All Industries
Sep 06, 2021•about 4 years ago
Amount Raised
$50 Million
Description
Quantum Machines, creator of the Quantum Orchestration Platform, announced today that it has secured $50 million in Series B funding to expand its growth into quantum cloud computing and drive its worldwide distribution. The latest round was led by Red Dot Capital Partners with the participation of Exor, Claridge Israel, Samsung NEXT, Valor Equity Partners, Atreides Management LP, and joined by TLV Partners, Battery Ventures, 2i Ventures, an affiliate of Altshuler Shaham as well as other existing investors. Yaniv Stern, Managing Partner at Red Dot Capital Partners, will join Quantum Machines' board of directors.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech