Quantum Art extends Series A to $140M led by Bedford Ridge Capital to develop Perspective 1,000-qubit quantum computer and QaaS platform, advancing scalable trappedQuantum Art extends Series A to $140M led by Bedford Ridge Capital to develop Perspective 1,000-qubit quantum computer and QaaS platform, advancing scalable trapped

Quantum Art Extends Series A to $140 Million, Accelerating 1,000-Qubit Quantum System Development

2026/04/27 19:00
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Quantum Art, a developer of full-stack trapped-ion quantum computers, has extended its Series A financing to $140 million, adding new investors including Hudson Bay Capital, Poalim Equity, and others. The extension, led by existing investor Bedford Ridge Capital, builds on the $100 million Series A announced in December 2025 and reflects strong demand from global financial leaders.

The new capital will accelerate development of Perspective, Quantum Art’s 1,000-qubit multi-core system designed for commercial-scale quantum computing. According to the company, the funding will also support advanced optical technologies needed for massive qubit scaling, expansion of its 2D architecture roadmap, and global business development.

“This extension of our Series A reflects strong investor confidence in Quantum Art’s architecture and long-term vision for scalable commercial quantum computing,” said Dr. Tal David, CEO and co-founder of Quantum Art. “The funding will accelerate development of our 1,000-qubit multi-core system, Perspective, and enable us to strengthen the core technologies behind our architecture while continuing to grow our global team as we move forward with commercialization.”

The announcement highlights a key challenge in quantum computing: scalability. “Most approaches still run into scaling limitations, while Quantum Art’s architecture is designed to overcome those constraints,” said Michael Reidler, Investment Partner at Bedford Ridge Capital. “We believe that gives the company a meaningful advantage as the market matures.”

Etai Kramer, Managing Director at Poalim Equity, added: “Quantum Art is tackling one of the most important challenges in the field: how to scale without compromising performance.”

Quantum Art is entering its commercialization phase, transitioning from technology development to market deployment. The company is preparing to launch its Quantum as a Service (QaaS) offering, which will serve as a central pillar of its go-to-market strategy. The QaaS platform is designed to bridge early-stage use-case development with scalable access to quantum hardware, ultimately leading to stand-alone quantum computing systems.

Through this staged model, customers can progress from algorithm exploration to execution on live quantum systems. In parallel, Quantum Art is expanding its global footprint, establishing a presence in key international markets and building strategic partnerships.

Founded in 2022 as a spin-off from the Weizmann Institute of Science, the Israeli company focuses on trapped-ion quantum computing. Its architecture combines scalable hardware with software for real-world applications in optimization, simulation, and advanced computing. The original press release is available at NewMediaWire.

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The post Quantum Art Extends Series A to $140 Million, Accelerating 1,000-Qubit Quantum System Development appeared first on citybuzz.

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