Exciting news!
We have successfully closed our Series A round, raising $50 million.
Eclipse led the round with the participation of our existing investors - Pitango, Grove Ventures, Dell Technologies Capital, and 10D , as well as new investors – Standard Investments, Level Ventures, and Canon Equity.
This new investment will support our mission of making #quantumcomputing a practical reality through the continued advancement of our chip-based photon-atom gate technology.
Grounded in two decades of leading-edge research, our novel technology paves the way for large-scale, fault-tolerant, powerful quantum computers.
Since our founding in 2021, we've raised $77M and grown to a team of 45 experts, all dedicated to overcoming quantum's #scientific and #engineering challenges.
“Eclipse’s investment in Quantum Source underscores our commitment to a future where quantum computing transforms what’s possible,” said Seth Winterroth Partner at Eclipse. “With a team of visionary entrepreneurs and leading quantum physicists, Quantum Source is poised to lead a computing revolution that will reshape industries and redefine our future entirely.”
Thank you, our investors and other supporters, including the Israel Innovation Authority, for your continued trust and aid in achieving this shared mission.
Let's bring #quantum computing to light!
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Check out the announcement across global newsrooms:
Reuters: https://lnkd.in/ep6Xptdt
The Quantum Insider: https://lnkd.in/eEEn8A74
Inkhouse | Hila Ovadia-Akerman | Ayelet Aya Dobkin