Such investments are part of May 2025 110 million US Dollars Series C round that also Neva joined after having invested in the scaleup in 2022
Classiq Technologies, an Israeli quantistic software scaleup, said it expanded its May 2025 110 million US Dollars Serie C round (press release) as it attracted the resources of SoftBank Vision Fund 2 and CDP Venture Capital (Classiq statement and CDP Venture Capital release).
Entrée Capital led May 2025 round that Norwest, NightDragon, Hamilton Lane, Clal, Phoenix, Team8, IN Venture, Wing, HSBC, Samsung Next, QBeat, and Neva (an investor in the scaleup since 2022) joined (see here a previous post by BeBeez).
Amir Naveh, Nir Minerbi and Yehuda Naveh founded Classiq in 2022 which, after the May 2025 round, raised a total of 173 million US Dollars since its birth.
Classiq Technologies provides a high-level quantum development platform (IDE, compiler and operating system) for automated programming, enabling companies and researchers to create sophisticated applications without requiring in-depth expertise or low-level coding. The Classiq platform leverages proprietary algorithmic circuit compilation technology to rapidly synthesise circuits with millions of gates, enabling sophisticated programmes that scale effortlessly, run on any quantum computer and reduce processing costs.
Minerbi, the ceo of Classiq, said: “SoftBank and CDP Venture Capital offer bold, long-term prospects for deep tech. Their support reflects a strong belief in Classiq’s mission to unlock quantum computing for real-world applications and shape the future of this transformative technology.”
Alessandro Scortecci, Chief Investment Officer, Direct Investments of CDP Venture Capital, added: “CDP Venture Capital invests in the technological champions of tomorrow in areas such as quantum computing, attracting and nurturing talent and facilitating the integration of technology into industrial supply chains with the aim of making the Italian economic system more competitive globally.