Quantum Machines secures $170M to drive the next leap in quantum computing

Quantum Machines, the Tel Aviv-based startup focused on quantum control hardware and software, has raised $170 million in Series C funding. This latest round brings its total funding to $280 million. The investment, led by PSG Equity with backing from Intel Capital, Red Dot Capital Partners, and other existing investors, marks one of the largest funding rounds in the quantum computing space.

The latest funding comes just a little over three years after Quantum Machines secured $50 million in Series B funding. Since then, the company has expanded rapidly, with more than half of all quantum computing companies now relying on its technology to develop and scale their systems.

The company has become a critical player in the industry, with more than half of all quantum computing companies now relying on its technology to develop and scale their systems.

Quantum Machines: From Research Lab to Industry Leader

Founded in 2018 by three researchers—Itamar Sivan, Nissim Ofek, and Yonatan Cohen—from the physics faculty at Israel’s Weizmann Institute of Science, Quantum Machines develops software, hardware, and electronics tailored for the quantum computing industry.

The company integrates classical engineering disciplines—electrical, hardware, and software—with quantum computing technology. Its work spans algorithm development, digital signal processing, RF microwave engineering, machine learning, and quantum physics, all aimed at expanding what quantum computing can achieve.

Since its inception about seven years ago, the startup has developed an advanced orchestration platform designed to unlock the full potential of quantum processors. Within just a few years, Quantum Machines has become the leading provider of control and orchestration systems for quantum computing, serving companies and research centers in 15 countries.

Quantum Computing Is Reaching a Tipping Point

Quantum computing has long been considered one of the biggest challenges in technology. But in recent months, breakthroughs have pushed it closer to reality, fueling investor confidence in startups working to bring quantum processing to real-world applications.

The concept of quantum computing dates back to the early 1980s, when physicist Paul Benioff introduced a quantum mechanical model of the Turing machine. Unlike conventional computers that store information in binary (0s and 1s), quantum computers use qubits, which can represent 0, 1, or both simultaneously. While the idea has been around for decades, making it practical has been a major hurdle—until now.

Quantum Machines has positioned itself at the center of this shift. Its quantum orchestration platform gives companies the tools to execute complex quantum algorithms, including multi-qubit calibrations and quantum error correction, right out of the box.

This year has been a turning point for quantum computing. Google’s Willow chip has significantly improved hardware performance, multiple companies have surpassed the 1,000-qubit threshold, and researchers—driven by Google’s work—have made meaningful progress in quantum error correction. As the field advances, Quantum Machines is enabling many of these breakthroughs and plans to use its latest funding to push development toward systems with tens of thousands of qubits.

The Infrastructure Powering the Next Wave of Quantum Innovation

“The quantum computing ecosystem has taken off, with hundreds of teams worldwide pushing the limits and making discoveries at an incredible pace,” said Dr. Itamar Sivan, co-founder and CEO of Quantum Machines. “We’re at the edge of major adoption. Quantum computing is one of the most important technological races of our generation, and we’re proud to be delivering the infrastructure that makes it possible.”

The company’s hybrid control technology allows quantum and classical processors to work together efficiently. This flexibility has made it a top choice for quantum computing companies worldwide. Its partnership with NVIDIA on DGX Quantum, which integrates accelerated computing with real-time quantum control, is another step toward making quantum computing commercially viable.

“Turning a quantum processor into a working computer is an enormous technical challenge,” said Dr. Yonatan Cohen, co-founder and CTO of Quantum Machines. “It requires precise control of the quantum system, processing huge amounts of data in real time, and orchestrating complex algorithms across quantum and classical architectures. Our platform brings all of these elements together, helping teams transition from lab research to real-world deployment much faster.”

Investors see the company’s role in the industry as increasingly critical.

“The quantum computing market is reaching a tipping point,” said Rotem Shacham, Director at PSG Equity. “Quantum Machines has positioned itself as the key solution for companies looking to build and scale quantum computers. With demand growing rapidly, QM is in a strong position to expand its leadership, and we’re excited to support them in this next stage.”

“This funding reinforces the strength of our business and long-term growth potential,” said Nir Ackerman, CFO at Quantum Machines. “It allows us to accelerate expansion, drive further innovation, and deliver long-term value to our stakeholders.”

With this momentum, Quantum Machines is setting itself up as one of the most influential companies in quantum computing, providing the technology that could make large-scale quantum systems a reality.