On May 12, 2025, Tel Aviv-based quantum software company Classiq announced a USD 110 million Series C funding round, described as the largest ever for a quantum software company. The round was led by Entree Capital with participation from Norwest, NightDragon, Hamilton Lane, HSBC, Samsung Next, and others, as reported by GlobeNewsWire.
The investment brought Classiq’s total funding to USD 173 million. Founded in 2020, the company develops a quantum software platform that automates quantum programming without requiring deep quantum expertise. Classiq had been selected as part of the Israeli Quantum Computing Center consortium and participates in the Innovation Authority’s quantum computing program.