Quantum Source

Enabling practical, fault-tolerant photonic quantum computers

General Information
Company Name
Quantum Source
Founded Year
2021
Location (Offices)
Israel +1
Founders / Decision Makers
Number of Employees
48
Industries
Quantum
Funding Stage
Series A
Social Media

Quantum Source - Company Profile

Quantum Source is an Israeli-based startup, founded in 2021, with a vision to enable practical, fault-tolerant photonic quantum computers. The company's innovative approach revolves around chip-based photon-atom gates, facilitating deterministic, one-step mutual exchange of quantum information between photonic and atomic qubits. This novel architecture is designed to scale to millions of qubits at a reduced complexity, footprint, power consumption, and cost compared to other implementations in the industry. The last significant milestone for Quantum Source was the $50.00M Series A investment on 10th September 2024, which was backed by a consortium of prominent investors including Grove Ventures, Eclipse Ventures, 10D, Dell Technologies Capital, Standard Investments, Pitango VC, Level Ventures, and Canon Equity Partners. This support reflects high confidence in the company's potential and its disruptive impact on various sectors such as medicine, security, climate simulations, and financial algorithms. Quantum Source's commitment to out-of-the-box thinking and creative problem-solving is driving the development of practical and affordable quantum computers, which are expected to be accessible to a wide array of audiences. With the potential to revolutionize industries, Quantum Source is positioned as a compelling player in the quantum computing landscape.

Taxonomy: Quantum Computing, Photonic Technology, Fault-tolerant Systems, Chip-based Photon-Atom Gates, Qubit Scaling, Industry Disruption, Medicine, Climate Simulations, Financial Algorithms, Technology Innovation, Quantum Information Exchange, Practical Quantum Computers, Cost-effective Solutions, Versatile Building Blocks

Funding Rounds & Investors of Quantum Source (3)

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Funding Stage Amount No. Investors Investors Date
Series A $50.00M 8 Standard Investments, Pitango VC +2 10 Sep 2024
Seed Round $12.00M 5 19 Apr 2023
Seed Round $15.00M 3 01 Jul 2022

Latest News of Quantum Source

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