When was Quantum Machines founded?

Quantum Machines was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is Quantum Machines located?

Quantum Machines is headquartered in Tel Aviv, Israel.

Who is the current CEO of Quantum Machines?

Itamar Sivan of Quantum Machines. They have also founded 1 company.

How many employees does Quantum Machines have?

As of Mar 31, 2026, the latest employee count at Quantum Machines is 289.

Is Quantum Machines a funded company?

Quantum Machines is a funded company, having raised a total of $280M across 7 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Nov 21, 2018.

When was the latest funding round of Quantum Machines?

Quantum Machines' latest funding was a $***** Series C round on Feb 25, 2025, with participation from 3 investors.

Where does Quantum Machines rank among its competitors?

Quantum Machines ranks 1st amongst 5 active competitors, of which 4 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Bifrostelectronic, which secured $2.5M in Jul, 2025.

Who are the top competitors of Quantum Machines?

Quantum Machines' top competitors include Qblox, Viqthor and Bifrostelectronic. Among them, Bifrostelectronic secured the most recent funding round in July, 2025.

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

Quantum Machines is a series C company based in Tel Aviv (Israel), founded in 2018 by Yonatan Cohen, Itamar Sivan and Nissim Ofek. It operates as a Provider of cloud-powered qubit controllers for quantum computers. Quantum Machines has raised $280M in funding from investors like Qualcomm Ventures, Battery Ventures and Harel Group. The company has 5 active competitors, including 4 that are funded. Its top competitors include companies like Qblox, Viqthor and Bifrostelectronic.

Company Details

Provider of cloud-powered qubit controllers for quantum computers. It provides users with the development of quantum control and operation systems for quantum computers (both hardware and software). It also focuses to combine classical computer engineering techniques with quantum computing technology to build quantum infrastructure.

Website: www.quantum-machines.co
Social
Email ID: *****@quantum-machines.co
Phone Number: +972 **********

Key Metrics

Founded Year

2018

Location

Tel Aviv, Israel

Stage

Series C

Total Funding

$280M in 7 rounds

Latest Funding Round

Series C, Feb 25, 2025, $*****

Investors

Qualcomm Ventures & 19 more

Ranked

1^st among 5 active competitors

Employee Count

289 as on Mar 31, 2026

Investment & Acquisitions

QDevil

Similar Companies

Qblox & 3 more

View Quantum Machines' full profile

Quantum Machines has raised a total funding of $280M over 7 rounds. Its first funding round was on Nov 21, 2018. Its latest funding round was a Series C round on Feb 25, 2025 for $*****. 3 investors participated in its latest round. Quantum Machines has 19 institutional investors and 1 angel investor.

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

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 25, 2025	2704521	Series C	9067104	4113815	8800743	3234364
Sep 18, 2023	5298381	Series B	7646761	2682000	9656708	4463831
Jan 18, 2023	1787588	Series B	2498305	4171564	8057897	8832697

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View details of Quantum Machines's funding rounds and investors

The founders of Quantum Machines are Yonatan Cohen, Itamar Sivan and Nissim Ofek. Itamar Sivan is the CEO of Quantum Machines.

Here are the details of Quantum Machines' key team members:

Yonatan Cohen: Co-Founder & CTO of Quantum Machines.
Contact Info: 1 email address
Itamar Sivan: Co-Founder & CEO of Quantum Machines.
Contact Info: 1 email address
Nissim Ofek: Co-Founder & Chief Engineer of Quantum Machines.
Contact Info: 1 email address

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

Quantum Machines' employee count trend

Quantum Machines has 289 employees as of Mar 26. Here is Quantum Machines's employee count trend over the years:

Employee count trend for Quantum Machines

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Top competitors of Quantum Machines include Qblox, Viqthor and Bifrostelectronic. Here is the list of Top 10 competitors of Quantum Machines, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Quantum Machines 2018, Tel Aviv (Israel), Series C	Provider of cloud-powered qubit controllers for quantum computers	$280M	Cerca Partners, Samsung NEXT & 18 others	64/100
2nd	Qblox 2013, Delft (Netherlands), Series A	Limited information available	$26.1M	Quantonation, Invest-NL & 5 others	50/100
3rd	Viqthor 2021, Saint Germain en Laye (France), Seed	Provider of RF, microwaves, photonics, and quantum physics applications	$1.09M	Kima Ventures, Better Angle & 2 others	32/100
4th	Bifrostelectronic 2025, Denver (United States), Seed	Developer of electronics for quantum computing readout and control systems	$2.5M	dan-caruso.com, Harlow Capital Management	29/100
5th	Q-Lion 2019, Madrid (Spain), Unfunded	Developer of quantum error-correcting codes	-	-	22/100