Qedma Quantum Computing Overview
Qedma focuses on advancing quantum computing through software solutions designed to enhance the performance of quantum computers. Their mission involves developing products that aim to achieve quantum algorithmic advantage, ensuring powerful, valuable, and easily integrated solutions across all quantum computing platforms. They offer a suite of error-handling solutions for the quantum ecosystem, including quantum error suppression and mitigation (QESEM) and high-precision characterization software for multi-qubit systems. These products aim to improve quantum processor design and reduce errors, enabling high-accuracy results on today's quantum computers.
Cumulative Funding Raised Over Time ($)
Latest News
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/PRNewswire/ -- QEDMA, a leading developer of quantum noise resilience solutions, announced today $26 million in Series A funding. The round was led by Glilot...
QEDMA, a developer of quantum noise resilience solutions, has secured $26 million in Series A funding led by Glilot Capital Partners, with participation from IBM, Korean Investment Partners, and others. The company aims to accelerate the timeline to practical quantum computing by reducing errors through its software solution. QEDMAs approach integrates with existing hardware to enhance quantum computer performance, enabling computations up to 1,000 times larger. The company has established partnerships with multiple quantum computing companies and research institutions to demonstrate quantum advantage. QEDMAs solution is recognized for its efficiency in error reduction, positioning the company as a foundational player in the quantum computing industry.
InvestmentPartners
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Qedma's solution addresses the greatest problem in quantum computing: its high error rate.
Qedma, a quantum computing company, has raised $23 million in a Series A round led by Glilot Capital, with participation from IBM, TPY Capital, and Korean Investment Partners. The company focuses on reducing the high error rates in quantum computing through advanced algorithms. Qedmas collaboration with IBM, which has been ongoing for four years, has now matured into an investment. The company is conducting trials on IBMs quantum computer and is one of three companies with access to IBMs quantum operating system. Qedma aims to demonstrate the quantum advantage by the end of the year.
InvestmentPartnersProduct Stage
growth-positive
IBM-backed Qedma raises $26M Series A to fight quantum computing errors | CTech
Qedma, an Israeli startup specializing in quantum noise resilience solutions, has raised $26 million in a Series A funding round led by Glilot Capital Partners, with participation from IBM, Korean Investment Partners, and others. The companys software aims to reduce errors in quantum computing by analyzing and learning the noise profile of each quantum device, allowing for more accurate quantum calculations. Qedmas solution is integrated with IBMs quantum computers, making it accessible to IBMs customers. The investment is seen as a significant step towards advancing practical quantum computing, with IBM investing not only for a stake but also to help advance the technology.
InvestmentPartnersCustomers
growth-positive
הסכם פורץ דרך של IBM עם סטארטאפ המחשוב הקוונטי קדמה
Qedma, an Israeli quantum computing startup, has entered into a groundbreaking agreement with IBM. Under this agreement, Qedmas Quantum Error Suppression and Error Mitigation (QESEM) operating system has been integrated into IBMs premium quantum computing platform. This system aims to reduce quantum errors, enabling researchers, organizations, and developers to build and deploy quantum algorithms more efficiently. The integration is expected to significantly advance the practical use of quantum computing. Qedma plans to expand the system to support larger algorithms and additional hardware. The company was founded in 2020 and employs 27 people, primarily in Israel.
Partners
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Enabling state-of-the-art quantum algorithms with Qedma's error mitigation and IonQ, using Braket Direct | Amazon Web Services
Qedma, a quantum software company, has successfully demonstrated its error mitigation software on IonQs Aria device using Amazons Braket Direct. The software, Qedma Error Suppression and Error Mitigation (QESEM), reduces the effect of errors on the outputs of circuits executed on noisy quantum devices. The team used Braket Direct to access IonQs Aria device and collaborated with IonQ scientists for expert guidance. The results showed that users can push the boundaries of quantum chemistry and materials applications accessible on IonQs devices with Qedmas error mitigation.
CustomersPartners
| Sector | Business Software |
Funding
| Total funding | $30.7M |
| Last funding | $26M |
| Stage | A |
| Rounds | 3 |
| Investors | 6 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | www.qedma.com |
| Careers | Careers page |
Locations
Rokach Blvd 101, Tel Aviv-Yafo, Israel
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