Quantum Machines raises the US $ 50 million

Quantum Machines raises the US _ 50 million-01

The quantum computing startup Quantum Machines has raised US $ 50 million in the Series B round of funding. With the raise amount, the company aims to expand its portfolio into quantum cloud computing.

Established in Tel Aviv in 2018, Quantum Machines introduced its Quantum Orchestration Platform in 2020. This platform is pitched as an extensive hardware and software platform to perform the most complex quantum algorithms and experiments. This platform will allow quantum computing to be taken to the next level by making it more practical and accessible.

Quantum Machines concentrates its efforts on developing a new approach to controlling and operating quantum processors.

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