Investing in the Foundation of Quantum Computing’s Future: Quantum Machines
It’s an exciting time to be in quantum. We are witnessing one of the most fundamental shifts in computing technology since the advent of the transistor. Quantum computing stands to revolutionize how we process information, solve complex problems, and advance scientific discovery. Today, we are excited to announce our participation in Quantum Machines’ Series C round alongside PSG Equity, Red Dot Capital Partners, and existing investors.
The quantum computing landscape has reached a decisive turning point. Recent breakthroughs–including higher qubit counts, the demonstration of logical qubits, lower error rates, and the first successful implementations of error correction–have transformed the conversation around quantum computing from "if" to "when." Each of these advancements represents a crucial step forward toward commercial quantum computers.
As quantum computing systems grow more complex, a critical challenge has emerged: how do we precisely control, measure, and orchestrate these systems? This challenge sits at the intersection of quantum and classical computing, and solving it is essential for unlocking the full potential of quantum computers.
This is exactly the challenge that Quantum Machines' founders—Itamar Sivan, Yonatan Cohen, and Nissim Ofek—set out to solve. As PhDs in quantum technologies, they experienced firsthand the limitations of existing control systems. They recognized that controlling tomorrow's quantum computers would require a fundamentally new hybrid approach, designed from the ground up with quantum's unique requirements in mind.
Quantum Machines has delivered just that. Built from first principles, their system delivers the most precise hybrid control for quantum computers, while maintaining the flexibility to adapt to various quantum computing architectures. Moreover, their collaboration with NVIDIA on DGX Quantum has enabled seamless integration with classical high-performance computing infrastructure–creating a crucial bridge between worlds that will be essential for quantum computers to deliver commercial value at scale.
But great technology is not enough. What truly set Quantum Machines apart and caught our attention is its customer-centric approach. In an industry focused mostly on specs–where you need a PhD just to turn the lights on–Quantum Machines has proven that a deep understanding of the customer journey also translates to a leading market position. The results speak for themselves: the majority of companies developing quantum computers now rely on Quantum Machines’ products to build and scale their systems.
While full-scale commercial quantum computing still requires significant technological development, the first commercial applications are on the horizon. As the industry matures, we believe Quantum Machines' technology leadership, ease of use and adoption, and deep customer knowledge have uniquely positioned them as an industry standard. We’re thrilled to support them on their journey to becoming one of the foundational layers of the quantum computing ecosystem.
