Quantum Transistors

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Funding history · 2 rounds · $19.0M total

Company Intelligence Q&A

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What is Quantum Transistors' primary focus in quantum computing?

Quantum Transistors is a quantum chip company developing a solid-state quantum processor. Their goal is to transition quantum computing from mainframes to data centers and enterprise servers.

When was Quantum Transistors founded?

Quantum Transistors was founded in November 2022.

Where is Quantum Transistors headquartered?

Quantum Transistors is headquartered in Binyamina-Giv'at Ada, Israel.

What is the core technology behind Quantum Transistors' quantum processor?

The core technology of Quantum Transistors' quantum processor is based on a combination of advanced solid-state qubits and state-of-the-art photonics.

How many employees does Quantum Transistors currently have?

Quantum Transistors has between 11 and 50 employees.

What was Quantum Transistors' most recent funding round?

In July 2024, Quantum Transistors received an undisclosed round of funding totaling $16.27 million from the European Union’s EIC Fund.

Which investors participated in Quantum Transistors' initial funding round?

In November 2022, Tal Ventures and Entrée Capital were among the investors in Quantum Transistors' initial undisclosed funding round.

Has Quantum Transistors received any grants?

Yes, in July 2024, Quantum Transistors received a grant of $2.7 million from the IIA.

Who is a founder of Quantum Transistors?

Shmuel Bachinsky is a founder of Quantum Transistors.

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