Total raised
$77.0M
Last: Series A 2024-09
Stage
Series A
Founded
2021
Headcount
51
HQ
Ness Ziona
Sector
Industrial Technologies
About
Quantum Source Labs is focused on using its photonic technology to enable the scaling of quantum computers to millions of qubits. Large-scale photonic quantum computers are expected to revolutionize entire industries with their capabilities, including accelerating the development of new drugs, shortening the length of time before pharmaceutical companies can introduce new medicines to the market, and supporting physicians with treatment optimization for complex diseases.
Funding history · 3 rounds · $77.0M total
2024-09
Series A
$50.0M
2023-04
Seed
$12.0M
2022-07
Seed
$15.0M
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Quantum Source's primary focus?
- Quantum Source Labs focuses on using its photonic technology to scale quantum computers to millions of qubits.
- When was Quantum Source founded and where is it headquartered?
- Quantum Source was founded in May 2021 and is headquartered in Ness Ziona, Israel.
- What was Quantum Source's initial funding round?
- In July 2022, Quantum Source raised $15 million in Seed funding. Lead investors included Eclipse Ventures, Grove Ventures, and Pitango First.
- Which investor led Quantum Source's extended Seed round in April 2023?
- In April 2023, Quantum Source extended its Seed round, raising an additional $12 million. Dell Technologies Capital was a lead investor in this extension.
- What was the most recent funding round for Quantum Source?
- Quantum Source completed a Series A round in September 2024, raising $50 million. Eclipse Ventures led this round.
- What is the total amount of funding Quantum Source has raised to date?
- According to startupim data, Quantum Source has raised a total of $77 million USD across its funding rounds.
- Who are the founders of Quantum Source?
- The founders of Quantum Source are Oded Melamed, Dan Charash, Prof. Barak Dayan, and Gil Semo.
- What is the current employee count for Quantum Source?
- Quantum Source currently has between 51 and 200 employees.
- What is a notable board appointment for Quantum Source?
- In May 2023, former Prime Minister Naftali Bennett was appointed to Quantum Source's board of directors.
Sectors & technology
Primary sector
Industrial Technologies
Sub-sectors
Industrial TechnologiesMicroelectronics & Photonics Solutions
Technologies
Quantum Computing
Target customers
Healthcare & Life SciencesLife SciencesPharmaceuticals
Business model
B2B
Highlights
1 PatentsVerified
Tags
quantum-computingpharma-companies