Classiq Technologies

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Israel-based quantum software company Classiq offers a comprehensive software platform, which includes an Integrated Development Environment (IDE), compiler, and operating system (OS), providing a single point of entry into quantum computing. It enables programmers to develop quantum algorithms incorporating automation and synthesis technology, which enables the automatic translation of human ideas into quantum circuits. This will allow programmers to focus on high-level creative coding instead of spending long hours on low-end gate-level coding.

In July 2024, Classiq announced the general availability of Qmod (Quantum Modeling Language), the first high-level language for quantum coding enabling access to developers, researchers, and enterprises worldwide.

Classiq is known for its unique approach that combines high-level algorithmic design with hardware-aware quantum circuit compilation. This method facilitates the development of sophisticated quantum applications without requiring deep expertise in quantum physics.

Key customers and partnerships

Classiq’s partnerships include QuEra Computing (July 2024) to integrate QuEra's neutral-atom quantum computers into Classiq's platform; Mphasis (June 2024) to explore quantum computing across banking, financial services and insurance (BFSI), life sciences, healthcare, supply chain, logistics, and chemistry; Quantum Intelligence Corp (QIC; April 2024) to speed up drug development using quantum computing in pharmacology; Alice & Bob (March 2024) to integrate Alice & Bob's cat-qubit technology into Classiq's platform; Oxford Quantum Circuits (OQC) UK (December 2023) to simplify the adoption and execution of advanced quantum computing across industries and research fields; Tel Aviv Sourasky Medical Center and NVIDIA (November 2023) to launch a new initiative, Quantum Computing for Life Sciences and Healthcare Center; Microsoft (February 2023) to launch a global quantum academic program for researchers and educational institutions; Q-CTRL (November 2022) to develop an end-to-end platform to accelerate quantum algorithm designing and analysis; and Rolls-Royce (October 2022) to leverage quantum and classical computing techniques to design and develop novel computational fluid dynamics.

HQ location:
Tel Aviv ISR
Founded year:
2020
Employees:
51-100
IPO status:
Private
Total funding:
USD 61.8 mn
Last Funding:
USD 13.0 mn (Series B; Sep 2022)
Last valuation:
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