IonQ, AMD and Qualcomm Ventures Join Classiq Strategic Up-Round

classiq logo
Hub Hub

Insider Brief

  • Classiq has raised tens of millions of dollars in a new funding round, bringing its total funding to over $200 million and reinforcing its leadership in quantum software development.
  • The round includes strategic investments from AMD, Qualcomm Ventures, IonQ, and Mirae Asset Capital, highlighting growing confidence in Classiq’s role in advancing scalable quantum software.
  • Classiq plans to expand its global operations and strengthen partnerships with major tech and industry players as it continues building a platform that bridges quantum and classical computing.

PRESS RELEASE — Classiq, the global leader for quantum computing software, today announced a strategic up-round with participation from AMD Ventures, Qualcomm Ventures and IonQ, alongside major financial institutions including the Korean giant Mirae Asset Capital, LeumiTech77 by Bank Leumi and Quantum Eretz.

The round, totaling tens of millions of dollars, brings Classiq’s cumulative funding to over $200 million and underscores strong investor confidence in Classiq’s leadership in quantum software. The participation of both global technology and financial investors reaffirms Classiq’s position as a category leader in the rapidly growing quantum computing market.

“This investment represents the trust we are seeing from the companies shaping the future of computing,” said Nir Minerbi, CEO and co-founder of Classiq. “As quantum hardware continues to mature, the need for scalable, efficient software becomes even more critical. Our new AI coding feature is another example of how we are making quantum software more approachable than ever. These new strategic investors share our vision of making quantum computing practical, accessible and enterprise-ready.”

Introducing TQI 2.0Introducing TQI 2.0

“Our investment in Classiq underscores our focus on advancing the future of heterogeneous computing,” said Sagi Paz, Head of AMD Ventures. “We believe that high-level quantum software will play a key role in enabling the seamless integration of quantum and classical HPC systems, and we look forward to collaborating with Classiq to further strengthen the software ecosystem supporting this convergence.”

“As quantum technologies evolve, the software layer becomes essential to scale innovation across industries,” said Boaz Peer, Senior Investment Director, Qualcomm Israel Ltd. and Managing Director of Qualcomm Ventures Israel and Europe. “Classiq’s platform aligns with our vision of enabling intelligent edge and cloud systems, and we’re excited to support their efforts in making quantum development more accessible, portable, and optimized for diverse workloads.”

“As IonQ’s quantum computers continue to lead the industry with each successive generation, the role of quantum software in building breakthrough applications is increasingly paramount,” said Jordan Shapiro, President and General Manager of Quantum Networking, Sensing, and Security at IonQ. “IonQ’s investment in and partnership with Classiq allows us to build cutting-edge applications with customers together, simplifying complex quantum algorithms into practical, enterprise-ready solutions that maximize the impact of our world-record-breaking hardware.”

“In Korea, momentum around quantum technology is accelerating, and software will be essential in translating research into practical, real-world applications. We are excited to be part of Classiq’s journey,” commented Jinwoo Lee, Senior Manager in Mirae Asset Capital’s Venture Investment Division. “We believe Classiq’s platform meaningfully simplifies the design and execution of quantum algorithms, enabling faster and broader adoption across the ecosystem.”

Classiq will continue its scaling momentum by expanding its global GTM presence and collaborations with major private and public players, along with expanding its support and delivery organization in-line with increasing demand. As the go-to software platform for harnessing the power of quantum computing, Classiq combines rapid training, onboarding and scaling for new teams, advanced implementation and optimization for experts, and tight integration with quantum hardware leaders, cloud providers and high-performance computing environments. This approach supports numerous organizations that have transitioned from quantum experiments into practical implementation and value creation.

Building on collaborations with tech leaders like NVIDIA, Microsoft and AWS, as well as work with customers including BMW Group, Comcast, Rolls Royce and SoftBank, Classiq is establishing itself as the software foundation for practical, scalable quantum computing – bridging algorithm design, software optimization, and deployment across the world’s most advanced computing infrastructures.

Keep track of everything going on in the Quantum Technology Market. In one place.

Share

Stay Ahead of Quantum

Get the latest research, company news, and market intelligence every week.

MENTIONED IN THE ARTICLE

Classiq
CompanyIsrael · 51-100 FTEs

Classiq Technologies specializes in quantum computing software, focusing on enabling the design, optimization, analysis, and deployment of quantum algorithms. It develops a high-level quantum algorithm design platform (IDE, compiler, “OS”) that transforms functional models into optimized, hardware-aware quantum circuits to address the challenge of gate-level complexity. It emphasizes abstraction, circuit synthesis, and resource optimization, working with enterprises, researchers, and hardware/cloud providers to deliver scalable quantum software.

→
AMD
InvestorUnited States · 10001+ FTEs

Advanced Micro Devices (AMD) is a U.S.-based multinational technology company that designs and develops CPUs, GPUs, FPGAs, system-on-chip (SoC) solutions, and high-performance computing products. AMD serves markets including gaming, data centers, artificial intelligence, and embedded systems. Its key products include Ryzen CPUs, Radeon GPUs, and EPYC server processors.

→
IonQ
InvestorUnited States · 1001-5000 FTEs

IonQ is a developer in trapped ion quantum computing founded in 2015 that actively applies its technology to the aerospace and defense sectors. The company empowers satellite-based quantum networks and quantum enabled drones to improve positioning, navigation, and timing resilience in GPS denied environments, and collaborates with industry leaders like Airbus to optimize aircraft loading.

→
NVIDIA
InvestorUnited States · 10001+ FTEs

NVIDIA Corporation is an American multinational technology company and a global player in accelerated computing and Artificial Intelligence (AI). Founded in 1993, the company pushes the aerospace frontier with the Space-1 Vera Rubin Module, a platform for orbital data centers that delivers massive AI-compute Space Computing. This NVIDIA technology enables satellites and autonomous spacecraft to process and fuse sensor data rapidly Space Computing.

→
Microsoft
InvestorUnited States · 10001+ FTEs

Microsoft engages in the creation and licensing of software for both consumer and enterprise use. The company is renowned for its development of Windows operating systems and the Office suite designed for productivity. Microsoft's structure encompasses three major segments of roughly equal size: productivity and business processes, which encompasses legacy Microsoft Office, cloud-based Office 365, Exchange, SharePoint, Skype, LinkedIn, and Dynamics; the intelligence cloud, which includes offerings like Azure, Windows Server OS, and SQL Server; and more personal computing, which covers Windows Client, Xbox, Bing search, display advertising, and a range of Surface laptops, tablets, and desktops.

→
Amazon Web Services (AWS)
CompanyUnited States · 10001+ FTEs

Amazon Braket – A fully managed service that allows scientists, researchers, and developers to begin experimenting with computers from multiple quantum hardware providers in a single place. Bra-ket notation is commonly used to denote quantum mechanical states, and inspired the name of the service.

→
BMW
Enterprise UserGermany · 10001+ FTEs

BMW, which stands for Bayerische Motoren Werke AG, is a prominent German multinational corporation known for manufacturing luxury vehicles and motorcycles. The company has its headquarters in Munich, Bavaria, Germany. BMW is renowned for producing high-quality automobiles and motorcycles, often associated with innovative engineering and a premium driving experience.

→
SoftBank
InvestorJapan · 101-500 FTEs

SoftBank delivers a range of offerings including fixed-line services, mobile telephony, internet connectivity, telecommunications solutions, and digital television products. This multinational corporation specializes in telecommunications and internet services, concentrating on diverse areas such as broadband, fixed-line telecommunication services, e-commerce, technology services, finance, media and marketing, and various other business ventures.

→

More in Research

Related Articles