Classiq Lands Major Funding from AMD, Qualcomm, IonQ

Classiq, a top player in quantum computing software, has just closed a strategic funding round that pushes its total raised capital past 200 million dollars. This move, announced on November 13, 2025, includes big names like AMD Ventures, Qualcomm Ventures, and IonQ, showing strong belief in the company’s tech.

Details of the New Funding Round

Classiq revealed this up round brings in tens of millions more, making their overall funding exceed 200 million dollars. The round draws from tech giants and financial firms, such as Mirae Asset Capital and others.

This cash boost comes at a key time for quantum computing. The field is heating up, with hardware advances needing solid software to match. Classiq’s platform helps users build and run quantum algorithms without deep expertise.

Investors see Classiq as a bridge between complex quantum tech and real world use. The funding will help grow their team and partnerships.

quantum computing

Why This Matters for Quantum Computing

Quantum computing promises to solve problems too tough for regular computers, like drug discovery or financial modeling. But software has been a bottleneck. Classiq aims to fix that with tools that make quantum programming easier.

Recent trends show more companies investing in quantum tech. For example, governments are funding quantum research to stay ahead in tech races. This round fits into that bigger picture, as firms like AMD and Qualcomm push for integrated systems.

Classiq already works with giants like NVIDIA, Microsoft, and AWS. Customers include BMW Group and Rolls Royce, who use it for practical tasks.

The company’s approach focuses on scalability. They offer rapid training for new teams and advanced features for experts.

Key Quotes from Leaders

Nir Minerbi, CEO of Classiq, said this investment shows trust from firms shaping computing’s future. He noted their new AI coding feature makes quantum software more user friendly.

Sagi Paz from AMD Ventures highlighted the role of quantum software in blending quantum and classical systems.

Boaz Peer of Qualcomm Ventures stressed the need for software to scale quantum innovation across industries.

Jordan Shapiro from IonQ pointed out how this partnership will help build better applications on their hardware.

Impact on the Industry

This funding could speed up quantum adoption. Analysts predict the quantum market will grow to billions by 2030, driven by software like Classiq’s.

Classiq plans to expand globally, boosting sales and support teams. They aim to help more firms move from tests to real quantum use.

Competitors in quantum software are also raising funds, but Classiq stands out with its hardware neutral platform. This means it works with various quantum systems, giving users flexibility.

Recent events, like IonQ’s hardware updates, pair well with Classiq’s tools. Together, they could lead to breakthroughs in areas like secure communications.

Classiq’s Growth and Future Plans

Founded in Israel, Classiq has grown fast since 2020. They now serve clients worldwide, from startups to Fortune 500 companies.

With this funding, expect more hires and new features. They might roll out updates to their platform soon, based on investor input.

Here’s a quick look at Classiq’s funding history:

Year Funding Amount Key Investors
2020 10 million dollars Early backers
2022 50 million dollars Series B round
2024 100 million dollars Major tech firms
2025 Tens of millions AMD, Qualcomm, IonQ

This table shows steady growth in investor interest.

Classiq also focuses on education, offering free tools to train the next generation of quantum developers.

Challenges and Opportunities Ahead

Quantum tech faces hurdles like error rates in hardware. Software like Classiq’s helps by optimizing algorithms to work around these issues.

Opportunities abound in fields like:

  • Healthcare: Faster drug simulations.
  • Finance: Better risk analysis.
  • Logistics: Optimized supply chains.

As quantum hardware improves, software will be key to unlocking value.

Experts say 2025 could be a turning point, with more practical quantum applications emerging.

What do you think about this funding news? Share your thoughts in the comments and spread the word to fellow tech enthusiasts.

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