Quantum Transistors Overview
Quantum Transistors is a quantum chip company developing a solid-state quantum processor. The company aims to move quantum computing from mainframes to data centers and enterprise servers. The core technology is based on a combination of advanced solid-state qubits and state-of-the-art photonics to achieve best-of-breed fidelity and scale.
Cumulative Funding Raised Over Time ($)
$16.3MJul 2024
$16.3MNov 2022
Latest News
growth-positive
Israel’s Quantum Transistors receives €17.5M from the European Innovation Council for its quantum computing solution | CTech
Israeli quantum computing company Quantum Transistors has been awarded up to €17.5 million by the European Innovation Council (EIC). The investment was received via an initial grant from the EIC Accelerator of €2.5 million combined with a future equity investment of €15 million through the EIC Fund. The funding will be used to scale up its R&D and expand its team. Quantum Transistors is developing an integrated universal quantum processor on a single chip to make quantum computing more accessible.
InvestmentExpand
growth-positive
Announcing our investment in Quantum Transistors! - TAL Ventures
The article announces an investment in Quantum Transistors, a quantum chip company that is developing a solid-state quantum processor. The company aims to transition quantum computing from mainframes to data centers and enterprise servers. Their core technology combines advanced solid-state qubits and state-of-the-art photonics to achieve high fidelity and scale.
Investment
| Sector | Industrial Technologies |
Funding
| Total funding | $18.97M |
| Last funding | $2.7M |
| Stage | Seed |
| Rounds | 3 |
| Investors | 3 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | quantumtransistors.com/ |
Locations
HaMelacha St 6, Binyamina-Giv'at Ada, Israel
Photos & Videos
No files yet
Quantum Transistors Business
Business models
B2B
Product stage
R&D
Employees
11-50
Sector
Industrial TechnologiesMicroelectronics & Photonics SolutionsTarget Customer
—Core Technology
Quantum ComputingTags (2)
electronic-manufacturingquantum-computingQuantum Transistors Financials
$18.97M
Total funding
Undisclosed
Capital raised
$2.7M
Last funding
Seed
Funding stage
3
Total rounds
3
Investors
Cumulative Funding Raised Over Time ($)
$16.3MJul 2024
$16.3MNov 2022
Private Equity Funding
Undisclosed Round
Jul 2024
$16.27M
European Union’s EIC Fund
Undisclosed Round
Nov 2022
Undisclosed
Tal Ventures, Entrée Capital
Non-Equity Funding
GrantEvent
Jul 2024
$2.7M
EIC Accelerator
Quantum Transistors Lifecycle
Cumulative Funding Raised Over Time
$16.3MJul 2024
$16.3MNov 2022
All Events
Undisclosed Round
Jul 2024
$16.27M
European Union’s EIC Fund
Undisclosed Round
Nov 2022
Undisclosed
Tal Ventures, Entrée Capital
GrantEvent
Jul 2024
$2.7M
EIC Accelerator
Quantum Transistors News
2 articles
growth-positive
Israel’s Quantum Transistors receives €17.5M from the European Innovation Council for its quantum computing solution | CTech
Israeli quantum computing company Quantum Transistors has been awarded up to €17.5 million by the European Innovation Council (EIC). The investment was received via an initial grant from the EIC Accelerator of €2.5 million combined with a future equity investment of €15 million through the EIC Fund. The funding will be used to scale up its R&D and expand its team. Quantum Transistors is developing an integrated universal quantum processor on a single chip to make quantum computing more accessible.
InvestmentExpand
growth-positive
Announcing our investment in Quantum Transistors! - TAL Ventures
The article announces an investment in Quantum Transistors, a quantum chip company that is developing a solid-state quantum processor. The company aims to transition quantum computing from mainframes to data centers and enterprise servers. Their core technology combines advanced solid-state qubits and state-of-the-art photonics to achieve high fidelity and scale.
Investment
Quantum Transistors Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 20 |
| Team members | 3 |
Similar Companies
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Quantum Transistors Internal
Recent Updates
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Admin Info
| Confidence | 72/100 |
| Missing | sector, tags, video or image, markets, not claimed |
| BI Verification | Maor Perlov |
| Registrar ID | 516713500 |
| Creator | Maor Perlov |
| Creator email | maor.perlov@sncentral.org |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-01-07T00:00:00.000Z |
| Created | 2022-12-02T00:00:00.000Z |
| Claimed | Yes |