Qbeat Ventures Powers the Quantum Software Revolution: Our Investment in Classiq

At Qbeat Ventures, we're constantly on the lookout for companies pushing the boundaries of what's possible, and few fields are as transformative as quantum computing. That's why we're thrilled to share our investment in Classiq, an Israeli startup building the foundational software infrastructure that will unlock the true power of quantum.

The recent announcement of Classiq's impressive $110M Series C funding – the largest ever for a quantum software company – underscores the immense potential and growing recognition of their pivotal role in the quantum ecosystem. This funding will fuel their ambitious vision to become the "Microsoft of quantum computing," and we at Qbeat are proud to be part of this journey.

Classiq founders

For those new to the quantum landscape, it's crucial to understand that the software layer is equally critical while the hardware is rapidly advancing. Classiq is tackling this head-on with its innovative high-level development platform. This platform, encompassing an intuitive IDE, a sophisticated compiler, and a robust operating system, significantly simplifies the complex task of quantum programming. By abstracting away the intricacies of quantum hardware, Classiq is making this revolutionary technology accessible to a wider range of enterprises and researchers, even those without deep quantum expertise.

The implications are vast. Imagine designing and deploying sophisticated quantum algorithms for applications in finance, revolutionizing risk analysis and algorithmic trading. Envision breakthroughs in healthcare through accelerated drug discovery and personalized medicine. Consider the automotive industry leveraging quantum for advanced materials science and optimized logistics (as demonstrated by their collaborations with BMW and Rolls-Royce). Classiq's software is the key that unlocks these possibilities.

What truly excites us about Classiq?

• Pioneering the Software Frontier: Classiq is building the essential tools that bridge the gap between cutting-edge quantum hardware and real-world applications. Their platform is democratizing access to quantum computing.

• Unlocking Scalability: Their proprietary technology is capable of synthesizing quantum circuits with an astonishing number of gates – millions, in fact. This scalability is crucial for tackling complex problems that are beyond the reach of classical computers.

• Validation by Industry Leaders: The trust and collaboration of tech giants like Microsoft, AWS, and NVIDIA, alongside integration into the curricula of leading universities, speak volumes about Classiq's technological prowess and industry impact.

• Visionary Leadership: CEO Nir Minerbi's bold vision of becoming the "Microsoft of quantum computing" reflects the company's ambition and their potential to shape the future of this transformative field.

Our investment in Classiq aligns perfectly with Qbeat Ventures' mission to champion early-stage companies that are at the forefront of the quantum revolution. With our deep understanding of quantum technologies and our strategic focus on the EMEA region (as highlighted in our brochure), we believe Classiq is poised for exponential growth and will play a defining role in the quantum era.

The quantum revolution is no longer a distant dream; it's happening now. And with companies like Classiq building the essential software infrastructure, we are witnessing the dawn of a new era of computational power. We invite you to follow Classiq's journey and join us as we support the pioneers shaping the future.

Stay tuned for more updates from Qbeat Ventures as we continue to explore and invest in the groundbreaking world of quantum technology!