Quantum Source Raises $50 Million Series A Funding to Make Scalable, Useful Quantum Computing A Reality

THORA DACH
September 16, 2024

Quantum Source, an Israel-based company developing, technology for powerful, cost-effective, practical photonic quantum computers, announced today it has raised a $50M Series A investment round led by Eclipse, with participation from Standard Investments, Level VC, Canon Equity, as well as existing investors Pitango First, Grove Ventures, 10D, and Dell Technologies Capital. This brings the company’s total funding raised to over $77M. The capital will be used to enhance engineering capabilities and accelerate the commercialization of quantum solutions.