Tech Company Financing Transactions
Quantum Source Funding Round
On 9/10/2024, Quantum Source raised $50 million in Series A funding from Eclipse, 10D and Dell Technologies Capital.
Transaction Overview
Company Name
Announced On
9/10/2024
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to enhance engineering capabilities and accelerate the commercialization of quantum solutions.
Company Information
Company Status
Private & Independent
Industry
Electronics
Mailing Address
Holtzman 2
Rehovot, Undisclosed
Israel
Rehovot, Undisclosed
Israel
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Quantum Source is at the heart of this photonic revolution, building a world-class team that develops the next big step in photonic quantum computing. Photonics is the only way to deliver useful quantum computers. This requires large-scale error-corrected systems with millions of qubits.
Management Team
Title
Name
Email & Social
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