Published by Berenice Baker, IOT World Today on July 7, 2025
Quantum computing software company Qedma has raised $26 million in series A funding to advance its innovative approach to reducing quantum computing errors.
The financing was led by Glilot Capital Partners through its early growth fund, Glilot+, with new strategic investor IBM joining with Korean Investment Partners and previous investor TPY Capital.
Qedma’s technology addresses one of quantum computing’s most significant challenges, the errors that prevent quantum computers from reaching their theoretical potential. The company’s software is designed to make error handling achievable with far fewer qubits than traditional methods require.
“Qedma’s solution is unique in delivering unbiased error reduction with unprecedented efficiency, enabling quantum algorithms that were previously impossible to run,” said Asif Sinay, Qedma CEO and co-founder, in the announcement.
Asif Sinay is a Technion alumnus.
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