Tel Aviv-based Classiq, which lets developers build algorithms and apps for quantum computers, raises a $33M Series B from HPE, Samsung, and others
Context & Ripple Effects
Classiq's $33M Series B, led by corporate money from HPE and Samsung rather than the VCs behind its $10.5M Series A a year earlier, marks the point where the quantum software layer started attracting strategics. The bet paid off on the funding side: by 2025 the company had closed a $110M Series C led by Entree Capital, taking total funding to $173M.
First-order effects
- Classiq gains the capital and corporate relationships to scale its algorithm-development tooling, while HPE and Samsung secure direct positions in the quantum software stack without building it in-house.
Second-order effects
- Strategic involvement from hardware giants validates the software-abstraction layer as investable, accelerating capital into the broader Israeli quantum cluster — Quantum Machines later raised a $170M Series C and photonic-hardware startup Quantum Source a $50M Series A.
Third-order effects
- If the pattern holds, Israel consolidates as a quantum hub where corporate investors fund the tooling and control layers around hardware makers, and the industry's structure splits between those who build qubits and those who own the developer stack.
The trend: Quantum computing capital is shifting from VC-led seed bets to strategic corporate investment in the software layer, with Israeli startups capturing a disproportionate share of both.