Quantum Machines, Artofin’s portfolio company, has successfully raised 170 M USD.

When others dig for gold, sell the shovels.

Quantum computing stands out as one of the most exciting emerging technologies, promising computational power far beyond our current capabilities.

Quantum Machines technology is now used by over half of the global companies involved in quantum computing, including major corporations, startups, national laboratories, and universities around the world.

We are very proud to see the company achieving one remarkable milestone after another. The future looks bright.

/https://techcrunch.com/2025/02/25/quantum-machines-raises-170m-says-its-working-with-more-than-half-of-all-quantum-computing-companies/

The company CEO, Dr. Itamar Sivan:

Four years ago, I stepped onto the TED stage and shared that the future of quantum computing is so transformative that it’s hard to even imagine – like showing a caveman a smartphone. I said then that this technology could reshape our world in ways we can’t predict, and today, I’m more inspired by that possibility than ever.

Since then, the quantum computing industry has delivered remarkable breakthroughs. In 2024 alone, Google’s Willow chip showcased impressive hardware advancements, multiple companies joined IBM in surpassing 1,000 qubits, and researchers made significant strides in quantum error correction. These milestones aren’t just progress – they’re the foundation for a quantum-powered future.

At Quantum Machines , we’re humbled to play a role in this wave of innovation. Over half the companies building quantum computers now use our control solutions to bring their systems to life. Our hybrid technology bridges quantum and classical computing, helping teams move from lab breakthroughs to real-world scale.

People often ask when quantum computers will be “very useful” – and timelines vary widely. That’s fair; it’s a massive challenge. But regardless of when we hit that mark, the progress we’re seeing now is already unlocking value. The market’s in the billions and growing fast, and we’re focused on enabling the steps that get us to practical impact, whenever that moment arrives.

Artofin Venture Capital Fund

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