QuamCore Raises $9M in Seed Funding
Summary
QuamCore, a Herzliya, Israel-based tech startup which specializes in quantum computing scalability, raised $9M in Seed funding. Led by CEO Alon Cohen, CTO Prof. Shay Hacohen-Gourgy, and Chief scientist Prof. Serge Rosenblum, QuamCore has developed a patented superconducting quantum processor architecture that enables fault-tolerant, scalable systems capable of managing millions of qubits. With an architecture-first approach, the company is building a scalable 1 million qubit quantum computer. The company has now emerged with a patented architecture that enables the integration of 1 million qubits into a single cryostat – a milestone previously thought impossible. This breakthrough reduces the size, energy consumption, and cost of quantum computers, unlocking practical applications across pharmaceuticals, AI, materials science, and energy.