Quantum Art extends Series A to USD140m
Categories: Hi-Tech, Investment Funds
Quantum Art, the Israeli quantum computing startup, has expanded its Series A financing to approximately USD 140 million following strong investor demand.
The company is focused on building a quantum computing platform based on trapped-ion technology, an approach widely viewed as one of the more stable and scalable architectures in the race toward commercially viable quantum systems.
The new capital will support continued development of its core hardware as Quantum Art advances its engineering and system capabilities.
Erdinast, Ben Nathan, Toledano advised Quantum Art on the transaction, led by partner Amir Gruber and senior associate Yosef Mark, together with Rachel Grin.
