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Quantum Source

Enabling practical, fault-tolerant photonic quantum computers

Founded 2021 Israel Israel 51 employees Series A Total: $77.00M Quantum

General Information

Company Name Quantum Source
Founded Year 2021
Location Israel Israel +1
Employees 51
Industries Quantum
Funding Stage Series A
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About Quantum Source

Quantum Source is an Israeli-based startup, founded in 2021, with a vision to enable practical, fault-tolerant photonic quantum computers. The company's innovative approach revolves around chip-based photon-atom gates, facilitating deterministic, one-step mutual exchange of quantum information between photonic and atomic qubits. This novel architecture is designed to scale to millions of qubits at a reduced complexity, footprint, power consumption, and cost compared to other implementations in the industry. The last significant milestone for Quantum Source was the $50.00M Series A investment on 10th September 2024, which was backed by a consortium of prominent investors including Grove Ventures, Eclipse Ventures, 10D, Dell Technologies Capital, Standard Investments, Pitango VC, Level Ventures, and Canon Equity Partners. This support reflects high confidence in the company's potential and its disruptive impact on various sectors such as medicine, security, climate simulations, and financial algorithms. Quantum Source's commitment to out-of-the-box thinking and creative problem-solving is driving the development of practical and affordable quantum computers, which are expected to be accessible to a wide array of audiences. With the potential to revolutionize industries, Quantum Source is positioned as a compelling player in the quantum computing landscape.

Taxonomy: Quantum Computing, Photonic Technology, Fault-tolerant Systems, Chip-based Photon-Atom Gates, Qubit Scaling, Industry Disruption, Medicine, Climate Simulations, Financial Algorithms, Technology Innovation, Quantum Information Exchange, Practical Quantum Computers, Cost-effective Solutions, Versatile Building Blocks

Services & Products

Development of fault-tolerant quantum computing technology utilizing photon-atom gate architecture

Target Customers

Enterprises in need of complex computational tasks research institutions and potentially pharmaceutical industry for chemical simulations

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series A $50.00M 8 Standard Investments, Pitango VC +2 10 Sep 2024
Seed Round $12.00M 5 19 Apr 2023
Seed Round $15.00M 3 01 Jul 2022

Quantum Source Alternatives & Competitors

Quantum Source vs
Quobly
Quobly France

Building a quantum computer using proven semiconductor processes for a better digital future.

Series A
48 employees
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Quantum Source vs

Delivering a steady stream of highly coherent single photons on demand

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Quantum Source vs
Aegiq
Aegiq United Kingdom

Full-Stack Photonic Quantum Computers

Unknown
31 employees
AI, Cyber Security

FAQ About Quantum Source

Enabling practical, fault-tolerant photonic quantum computers
Quantum Source was founded in 2021.
Quantum Source is headquartered in Israel.
Quantum Source operates in the following industries: Quantum.
Quantum Source has approximately 51 employees.
Quantum Source has completed 3 funding rounds, raising a total of $77.00M. The latest funding stage is Series A.
Quantum Source offers: Development of fault-tolerant quantum computing technology utilizing photon-atom gate architecture.
Top alternatives and competitors to Quantum Source include Quobly, Sparrow Quantum, Aegiq, TuringQ, QuEra Computing Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Quantum Source and Quobly are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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