Read Coverage
Classiq latest to gain from SoftBank's growing quantum interest
SoftBank has made another notable investment in the emerging quantum commuting sector, as software firm Classiq announced that the SoftBank Vision Fund 2 has joined its Series C funding round first announced in May.
Read Coverage
Classiq Raises $110 Million in Record Quantum Software Round
Quantum computing will impact insurers in many ways including how they manage risk, optimize portfolios, and detect fraud, according to Simon Fried, VP, Marketing and Business Development, Classiq. “The Classiq platform empowers insurers to model better complex financial products, including optimizing capital allocation, and simulating risk scenarios at scale —all while staying hardware-agnostic and future-ready."
Read Coverage
A Software Bet in Quantum Computing
One of the largest recent investments is the $110 million Series C round announced this week by Tel Aviv startup Classiq. Entrée Capital led the deal, with participation from Norwest Venture Partners, NightDragon, funds managed by Hamilton Lane, and others.
Nir Minerbi, Classiq’s co-founder and chief executive, said the company is valued at roughly half a billion dollars after this round. Classiq plans to use its new funding to expand commercial relationships and research and development, as well as open offices globally.
Read Coverage
Classiq gets $110M to help it become 'the Microsoft of quantum'
It’s pretty bold for a five-year-old startup to say it wants to be “the Microsoft of quantum computing. Then again, when you show up making that statement with $110 million in new funding in your pocket, it gets a little easier to believe you are at least on the right path.
Classiq, based in Tel Aviv, Israel, just announced a Series C fundraising of $110 million that pushes its total funding to about $173 million.
Read Coverage
SPARK Microsystems' latest funding round to support commercialisation of devices and sensors
SPARK Microsystems, the Montreal-based fabless semiconductor company specialising in next-generation ultra-wideband (UWB) wireless communications, has closed a new round of funding.
Read Coverage
SPARK Microsystems Raises $34 Million to Meet Chip Demand Amid Supply Crunch
BetaKit discusses Montréal-based fabless semiconductor company Spark Microsystems $34 million CAD Series B financing as the broader chip industry continues to grapple with a supply crunch and demand fluctuations.
Read Coverage
Codefresh raises $8M Series B round for its container-centric CI/CD platform
Codefresh, a continuous integration and delivery platform built for the Kubernetes container ecosystem, today announced that it has raised an $8 million Series B round led by M12, Microsoft’s venture fund. Viola Ventures, Hillsven and CEIF also participated in this round, which brings the company’s total funding to $15.1 million.
Read Coverage
Codefresh Kubernetes-Native CI/CD Platform Lures Microsoft Cash
Codefresh, which offers a Kubernetes-native continuous integration/continuous delivery (CI/CD) platform, more than doubled its total funding haul through an $8 million Series B. The round was notably led by Microsoft’s M12 venture fund.
Read Coverage
Philips Lighting joins $7 million round for smart building sensor maker PointGrab
Israel’s PointGrab has raised $7 million in funding for its sensors for smart buildings. The investors include lighting company Philips Lighting; Mitsubishi UFJ Capital Co. (MUCAP), a venture capital arm of Japan’s largest financial group; and existing investors ABB Technology Ventures (ATV).
