When was Quantum Source founded?

Quantum Source was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Quantum Source located?

Quantum Source is headquartered in Rehovot, Israel.

Who is the current CEO of Quantum Source?

Oded Melamed of Quantum Source. They have also founded 1 company.

How many employees does Quantum Source have?

As of Jul 31, 2026, the latest employee count at Quantum Source is 65.

Is Quantum Source a funded company?

Quantum Source is a funded company, having raised a total of $77M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 01, 2022.

When was the latest funding round of Quantum Source?

Quantum Source's latest funding was a $***** Series A round on Sep 10, 2024, with participation from 8 investors.

Where does Quantum Source rank among its competitors?

Quantum Source ranks 7th amongst 24 active competitors, of which 14 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Pixel Photonics, which secured $5.84M in Apr, 2026.

Who are the top competitors of Quantum Source?

Quantum Source's top competitors include PsiQuantum, ORCA and Quandela. Among them, Pixel Photonics secured the most recent funding round in April, 2026.

Quantum Source - 2026 Company Profile, Team, Funding & Competitors

Quantum Source is a series A company based in Rehovot (Israel), founded in 2021 by Oded Melamed. It operates as a Developer of quantum computers with qubits. Quantum Source has raised $77M in funding from investors like Eclipse, Pitango and Grove Ventures. The company has 24 active competitors, including 14 funded and 2 that have exited. Its top competitors include companies like PsiQuantum, ORCA and Quandela.

Company Details

Developer of quantum computers with qubits. It provides users with quantum computers with large-scale error-corrected systems using qubits. Its features include photonic quantum computers and practical values.

Key Metrics

Founded Year

2021

Location

Rehovot, Israel

Stage

Series A

Total Funding

$77M in 3 rounds

Latest Funding Round

Series A, Sep 10, 2024, $*****

Investors

Eclipse & 7 more

Ranked

7^th among 24 active competitors

Employee Count

65 as on Jul 31, 2026

Similar Companies

PsiQuantum & 23 more

View Quantum Source's full profile

Quantum Source has raised a total funding of $77M over 3 rounds. Its first funding round was on Jul 01, 2022. Its latest funding round was a Series A round on Sep 10, 2024 for $*****. 8 investors participated in its latest round. Quantum Source has 8 institutional investors.

Here is the list of recent funding rounds of Quantum Source:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 10, 2024	5569973	Series A	6108706	8286786	1169915	1636255
Apr 19, 2023	4197713	Seed	9818747	1812686	6889286	10D & 3 more
Jul 01, 2022	3579049	Seed	8789449	2261046	Pitango & 2 more	9017808

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View details of Quantum Source's funding rounds and investors

The founders of Quantum Source is Oded Melamed. Oded Melamed is the CEO of Quantum Source.

Here are the details of Quantum Source's key team members:

Oded Melamed: Co-Founder & CEO of Quantum Source.
Contact Info: 1 email address

View details of Quantum Source's Founder profiles and Board Members

Quantum Source's employee count trend

Quantum Source has 65 employees as of Jul 26. Here is Quantum Source's employee count trend over the years:

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Top competitors of Quantum Source include PsiQuantum, ORCA and Quandela. Here is the list of Top 10 competitors of Quantum Source, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PsiQuantum 2015, Palo Alto (United States), Series E	Developer of photon-based universal quantum computers	$2.32B	BlackRock, M12 & 39 others	72/100
2nd	ORCA 2019, London (United Kingdom), Series A	Developer of photonic quantum computing systems for machine learning applications	$18.7M	Atmos Ventures, Octopus Ventures & 10 others	62/100
3rd	Quandela 2017, Massy (France), Series B	Developer of quantum computing hardware, software, cloud access, and related services	$70.8M	Serena, Crédit Mutuel Innovation & 8 others	58/100
4th	Aegiq 2019, Sheffield (United Kingdom), Seed	Provider of quantum photonics hardware for communications	$4.8M	HTGF, Quantum Exponential & 9 others	57/100
5th	Quanfluence 2021, Bengaluru (India), Seed	Provider of quantum computing system and services	$2M	pi Ventures, RTBI & 7 others	57/100
6th	QuiX Quantum 2019, Enschede (Netherlands), Series A	Provider of photon-powered quantum computing processors	$23.2M	Invest-NL, EIC Fund & 7 others	56/100
7th	Quantum Source 2021, Rehovot (Israel), Series A	Developer of quantum computers with qubits	$77M	Dell Technologies Capital, Eclipse & 6 others	56/100
8th	Bose Quantum 2021, Beijing (China), Series B	Developer of AI-based universal hybrid quantum computers	$145M	Huameng Science Technology, qfcapital.com.cn ... & 22 others	56/100
9th	Pixel Photonics 2020, Munster (Germany), Seed	Provider of single-photon detectors	$9M	Quantonation, HTGF & 10 others	54/100
10th	TuringQ 2021, Shanghai (China), Series B	Provider of quantum computing chips	$92.9M	Yuanhe Holdings, Tsinghua Holdings Capital ... & 9 others	53/100