Website: [classiq.io](https://www.classiq.io) ### Introduction Classiq Technologies, founded in 2020, is an Israeli startup headquartered in Tel Aviv, Israel, specializing in quantum computing software. The company was established by Nir Minerbi (CEO), Yuval Boger (CMO), and Amir Naveh (Head of Algorithms), with a mission to revolutionize quantum development by providing a software platform that simplifies the creation, optimization, and execution of quantum algorithms. Classiq aims to make quantum computing accessible to enterprises, researchers, and developers by abstracting the complexities of quantum circuit design, enabling users to focus on high-level functional design rather than low-level gate programming. As of the latest available data, Classiq employs a team of around 50-100 individuals, though exact employee counts are not publicly disclosed. Classiq is a private company and does not have a public ticker symbol. Its focus on quantum software positions it at the forefront of a rapidly evolving industry, bridging the gap between quantum hardware and practical application development for sectors like finance, materials science, and cybersecurity [Classiq.io](https://www.classiq.io). ### Key Products and Technology Classiq offers a comprehensive quantum computing software platform designed to accelerate the adoption of quantum technologies. Below are the key components of their offerings: - **Classiq Platform (Quantum Software Development Environment)** - **Type**: Integrated Development Environment (IDE), Software Development Kit (SDK), Compiler, and Operating System for quantum computing. - **Technical Specifications**: The platform supports the design of quantum algorithms through a high-level, functional programming approach, automatically synthesizing optimized [[Quantum Circuits|quantum circuits]]. It integrates with various quantum hardware backends, including those from [[IBM]], Rigetti, and [[[[IonQ]]]], and supports hybrid quantum-classical workflows. - **Fuel Type or Energy Source**: Not applicable (software-based, reliant on quantum hardware for execution). - **Key Differentiators**: Classiq’s platform automates the synthesis of [[Quantum Circuits|quantum circuits]], significantly reducing the expertise barrier for quantum programming. Its ability to optimize algorithms for specific hardware and support cross-platform compatibility sets it apart. - **Development Stage**: Fully operational and commercially available, with continuous updates and feature expansions. - **Target Customers**: Enterprises (e.g., finance, logistics, pharmaceuticals), academic researchers, and quantum hardware providers seeking software solutions for algorithm development. Classiq’s technology is designed to democratize quantum computing by providing tools that abstract the underlying physics, making it a critical enabler for industries looking to explore quantum applications without deep expertise in quantum mechanics [Classiq.io](https://www.classiq.io). ### Regulatory and Licensing Status As a software-focused company in the quantum computing space, Classiq is not subject to the same regulatory oversight as nuclear or energy infrastructure companies (e.g., NRC licensing). Quantum software development falls outside traditional energy regulatory frameworks, and there are no specific [[Federal|federal]] or international licensing requirements for quantum software at this time. Instead, Classiq’s operations are governed by intellectual property protections, data privacy laws, and export control regulations related to advanced technologies, particularly in the U.S. and EU. There are no specific regulatory milestones or timelines for commercial deployment to report, as the company’s products are already deployable via cloud-based platforms and partnerships with quantum hardware providers. However, Classiq must adhere to evolving cybersecurity standards and export controls, especially as quantum technologies are increasingly viewed as strategic assets by governments worldwide. ### Team and Leadership Classiq’s leadership team combines expertise in quantum physics, computer science, and business development. Key executives include: - **Nir Minerbi (CEO and Co-Founder)**: Nir has a background in business strategy and technology, with prior experience in leading tech startups and innovation initiatives. He drives Classiq’s vision to make quantum computing accessible. - **Yuval Boger (CMO and Co-Founder)**: Yuval brings expertise in marketing and technology evangelism, focusing on expanding Classiq’s market presence and thought leadership in quantum software. - **Amir Naveh (Head of Algorithms and Co-Founder)**: Amir oversees the technical development of Classiq’s algorithm synthesis and optimization tools, leveraging his deep knowledge of quantum computing principles. Social media handles for the leadership team are not publicly verified or widely available in the context of this report. The team’s collective expertise positions Classiq as a leader in quantum software innovation [LinkedIn - Classiq Technologies](https://www.linkedin.com/company/classiq-technologies). ### Funding and Financial Position Classiq has raised significant capital to fuel its growth, establishing itself as a frontrunner in quantum software funding. According to recent reports: - **Total Funding**: $260 million across 9 rounds as of November 2025 [Tracxn](https://tracxn.com/d/companies/classiq/__dCHFpYmgmnToVtE6Ghd75Tm4o_0F16quTWm7xkNg8zY). - **Latest Round**: Series C, $110 million, announced on May 12, 2025, led by Entrée Capital, marking the largest-ever funding round for a quantum software company [GlobeNewswire](https://www.globenewswire.com/news-release/2025/05/12/3078993/0/en/Classiq-Raises-110M-in-Largest-Ever-Quantum-Software-Funding-Round.html). - **Key Investors**: Entrée Capital, Team8, Wing Venture Capital, and other institutional backers across multiple rounds. - **Revenue Status**: Classiq is likely pre-revenue or in early revenue stages, focusing on enterprise partnerships and pilot programs rather than large-scale commercial sales. Exact financials are not publicly disclosed due to its private status. This substantial funding reflects strong investor confidence in Classiq’s potential to shape the quantum software ecosystem, though its financial sustainability depends on successful commercialization and adoption of quantum technologies. ### Recent News and Developments | Date | Event | Details | |---------------|--------------------------------------------|---------------------------------------------------------------------------------------------------| | Oct 15, 2025 | Fast Company Recognition | Classiq named to Fast Company’s 2025 Next Big Things in Tech list in the Computing category [GlobeNewswire](https://www.globenewswire.com/news-release/2025/10/15/3166877/0/en/Classiq-Awarded-Fast-Company-s-2025-Next-Big-Things-in-Tech.html). | | May 12, 2025 | Series C Funding Round | Raised $110 million, led by Entrée Capital, marking the largest quantum software funding round [GlobeNewswire](https://www.globenewswire.com/news-release/2025/05/12/3078993/0/en/Classiq-Raises-110M-in-Largest-Ever-Quantum-Software-Funding-Round.html). | | May, 2025 | Quantum Computing Breakthroughs Mention | Classiq noted in broader industry reports on quantum computing advancements for 2025 [Techi.com](https://www.techi.com/latest-developments-in-quantum-computing/). | | Jan, 2025 | Industry Collaboration Discussions | Posts on X mention Classiq in relation to quantum software advancements and potential collaborations with companies like IonQ. | | Jan, 2025 | Platform Update Speculation | Discussions on X highlight Classiq’s contributions to quantum circuit design and resource optimization. | Note: Due to limited specific event data for 2025 beyond major funding and awards, some entries reflect broader industry mentions or sentiment from social platforms like X. More granular updates may be available through direct company announcements. ### Partnerships and Collaborations Classiq has established strategic partnerships to enhance its platform’s reach and integration with quantum hardware providers and industry players. Key collaborations include: - **Quantum Hardware Providers (e.g., [[IBM]], IonQ, Rigetti)**: Classiq’s platform integrates with leading quantum hardware backends, allowing users to execute algorithms on real quantum systems. This interoperability is critical for practical adoption and positions Classiq as a central software layer in the quantum ecosystem. - **Enterprise and Research Institutions**: While specific enterprise partners are not always disclosed, Classiq targets industries like finance and pharmaceuticals for pilot programs, collaborating on use cases such as optimization and molecular simulation. - **IonQ (Potential Investment/Collaboration)**: Recent posts on X suggest IonQ may have invested in or deepened ties with Classiq, focusing on bridging quantum hardware and software gaps, though official confirmation is pending. These partnerships underscore Classiq’s role as an enabler of quantum computing applications, leveraging hardware advancements to deliver practical software solutions [Classiq.io](https://www.classiq.io). ### New Hampshire Relevance While Classiq’s focus is on quantum computing software rather than energy infrastructure, its technology could have indirect relevance to [[New Hampshire]]’s energy and compute landscape. Quantum computing holds potential for optimizing energy grid management, enhancing cybersecurity for critical infrastructure like [[Seabrook Station]], and supporting data center efficiency—key considerations for ISO-NE grid operations. Classiq’s software could be applied to model complex energy systems or improve load forecasting for utilities in the Northeast US. However, Classiq’s technology is not geographically tied to specific regions like New Hampshire, and there is no evidence of direct interest or projects in the state. Its readiness for deployment is high (as a cloud-based platform), but practical applications in energy sectors depend on broader quantum hardware availability and adoption timelines, likely beyond immediate NH legislative initiatives like HB 710 for SMRs. Potential applications could include grid optimization for utilities or high-performance computing for data centers in the region, though these remain speculative without localized partnerships. ### Competitive Position Classiq operates in a niche but competitive quantum software market. Key competitors include: - **Qiskit (IBM)**: An open-source quantum computing framework backed by IBM, offering extensive tools for quantum programming. Classiq differentiates with its high-level abstraction and automated synthesis, reducing the learning curve compared to Qiskit’s gate-level focus. - **Cirq (Google)**: Google’s quantum software framework, tied to its hardware efforts. Classiq’s hardware-agnostic approach provides broader compatibility, though it lacks the deep hardware integration of Cirq. - **[[Xanadu]] (PennyLane)**: A quantum software platform focused on photonic quantum computing and machine learning. Classiq’s broader industry application focus contrasts with PennyLane’s specialized domains. Classiq’s unique advantage lies in its user-friendly, automated approach to quantum algorithm design, though risks include dependency on quantum hardware maturation and competition from well-funded tech giants like IBM and Google. ### Closing Note Classiq is at an advanced stage of product deployment with strong financial backing, poised for growth as quantum computing transitions from research to real-world applications. (Note: Despite a thorough search on Classiq’s official website and related resources, no dedicated RSS feed for press releases or news was identified.) *Report generated December 24, 2025*