Jerusalem, 12 May, 2025 (TPS-IL) — Israeli quantum software startup Classiq has raised $110 million in its Series C funding round, marking the largest ever for a quantum software company. The round, led by Entrée Capital, saw participation from Norwest, NightDragon, HSBC, Samsung Next, and others, bringing Classiq’s total funding to $173 million.

Classiq develops a platform that enables developers to create sophisticated quantum algorithms without deep knowledge of quantum computing. The new funds will support expansion in marketing, sales, and R&D, helping the company meet growing demand and enhance its role in national quantum initiatives and the broader quantum ecosystem.

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