QEDMA, a leading developer of quantum noise resilience solutions, announced today $26 million in Series A funding. The round was led by Glilot Capital Partners through its early growth fund, Glilot+, with new participation from IBM, Korea Investment Partners, and others, alongside existing investors including TPY Capital. QEDMA’s software solution, addresses the critical challenge of reducing errors in quantum computing. QEDMA expects to demonstrate quantum advantage in the coming months through partnerships with multiple quantum computing companies and research institutions. A series of chance encounters led to the founding of QEDMA in 2020. Over lunch, Prof. Netanel Lindner, a Technion physicist specializing in quantum systems, shared with Dr. Asif Sinay, a physicist and tech industry veteran, his insight that understanding each quantum device’s unique noise patterns could be key to reducing errors. Independently, Hebrew University Prof. Dorit Aharonov – renowned for her pioneering work on the quantum fault tolerance theorem, a foundation of modern quantum computing that proved error correction was theoretically possible – shared with Sinay a similar vision. Sinay brought the two together for weekly discussions which quickly evolved into the trio founding QEDMA, built on the recognition that combining theoretical and practical approaches to quantum errors could unlock a breakthrough solution.

Full report : QEDMA, a developer of quantum error reduction software, has raised $26 million in Series A funding led by Glilot+ with participation from IBM, Korea Investment Partners, and others.