Quantum Machines Raises $5.5 Million to Develop Next Generation of Systems for Quantum Computers

November 21 2018

Israeli Firm Founded by Three Physics Ph.D.s Raises Seed Financing from TLV Partners and Battery Ventures

Quantum Machines, a startup developing the next generation of control and operation systems for quantum computers, has raised $5.5 million in seed financing from venture-capital firms TLV Partners and Battery Ventures. TLV led the round. The firm, based in Israel, was founded by Drs. Itamar Sivan, Yonatan Cohen and Nissim Ofek, three physics Ph.D.s with long track records in the fields of quantum computing and quantum electronics.