December 22, 2024

Classiq announces $33M in new funding

Classiq announces $33M in new funding

Classiq, which provides a platform for Quantum Algorithm Design, today announced that it has raised $33 million in a Series B round, following its Series A of $10.5M in 2021. This new round brings Classiq’s total funding to $48 million in 20 months of existence.

Hewlett Packard Pathfinder (HPE’s Venture Arm), Phoenix (a $60-billion insurance company), Spike (a Stanford alumni investor group), Samsung NEXT and Chip Design Titans Lip-Bu Tan and Harvey Jones join existing Classiq investors.

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