Qedma receives $ 26 million for breakthrough in quantum computing!

Qedma receives $ 26 million for breakthrough in quantum computing!

Israel - qedma, an emerging company in the area of ​​quantum computing, recently secured $ 26 million in a Series A financing round. This round was led by Glilot Capital Partners, with a strong participation of IBM and Korean Investment Partners as well as existing investors such as TPY Capital. Founded in 2020 by a group of experienced scientists, including Prof. Netanel Lindner, Dr. Asif Sinay and Prof. Dorit Aharonov, Qedma is committed to the challenge of reducing errors in quantum computing technology. A central concern in the industry, since errors in quantum calculations can increase with increasing complexity, which significantly affects performance.

The freshly recruited funds are used to promote the development and use of Qedmas of innovative software that reacts to the specific noise patterns of quantum hardware. This software is integrated as an IBM Qiskit function and could enable quantum calculations that are up to 1,000 times larger than what is currently possible. As Quantumzeitgeist , the support of IBM of the start-up company has given a lot of credibility and positioned it as an important player in the industry.

QEDMAS software has the potential to not only mitigate errors, but also to correct it by analyzing the unique noise profiles of the individual quantum devices and then adjusting the algorithms accordingly to suppress the errors. A pragmatic approach that is highlighted by the QuantumcomputtingReport AB, to treat as many errors as possible with significantly fewer qubits. This is a real step in the right direction, since conventional error correction systems often need an enormous number of qubits to even fix one error.

The way to practical implementation

The financing will enable Qedma to expand its team, including researchers, software indicators and sales employees. The aim is to significantly shorten the time frame for a practical quantum advantage. In the coming months, the company plans to demonstrate in cooperation with various quantum computing companies and research institutions how to benefit practically from this technology. Qedma would like to revolutionize the industry and take on a fundamental role in quantum computing, which brings with it applications in numerous areas such as physics, pharmacy and cybersecurity, according to the assessment of Pr Newswire .

With a promising approach to improve reliability and scalability of existing quantum hardware, Qedma has found a solution through its innovative software that not only increases the efficiency of current technology, but also opens up future -oriented perspectives. If everything goes according to plan, it might soon be called: Qedma has reached the practical quantum advantage, and the way for even greater progress in the quantum world has been paved.