Classiq, a quantum software company, has announced a strategic funding up-round of tens of millions of dollars, bringing its cumulative funding to over $200 million. The round included participation from major strategic investors AMD Ventures, Qualcomm Ventures, and IonQ, alongside financial institutions such as Mirae Asset Capital (Korea), LeumiTech77 (by Bank Leumi), and Quantum Eretz.
The inclusion of major hardware and semiconductor firms signals a strong focus on heterogeneous computing. Sagi Paz, Head of AMD Ventures, noted that high-level quantum software will play a key role in enabling the seamless integration of quantum and classical HPC systems. Qualcomm Ventures added that Classiq’s platform aligns with its vision of enabling intelligent edge and cloud systems.
Classiq’s core platform automatically transforms high-level functional models into optimized, hardware-ready quantum circuits, a process known as synthesis technology. This approach is intended to accelerate algorithm development and optimize code for performance across diverse hardware backends. The company recently added a new AI coding feature to its platform.
Jordan Shapiro, President and General Manager of Quantum Networking, Sensing, and Security at IonQ, stated that the partnership allows them to build applications with customers together, simplifying complex quantum algorithms into practical, enterprise-ready solutions. The funding is intended to accelerate Classiq’s global Go-To-Market (GTM) presence and strengthen its role as the software foundation for practical, scalable quantum computing.
Read the full announcement here.
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