About Quantum Machines
Quantum Machines is a Technology company based in Tel Aviv (Israel) founded in 2018 by Yonatan Cohen, Nissim Ofek, and Itamar Sivan. Cloud-powered qubit controllers are provided for quantum computers. Quantum Machines has raised $263 million across 7 funding rounds from investors including Harel Group, Exor and Qualcomm Ventures. Quantum Machines has completed 1 acquisition, including QDevil. Its chief executive, as recorded, is Itamar Sivan. Its website quantum-machines.co draws about 44 thousand monthly visits. Its focus areas include High Tech, Quantum Computing, Enabling Technology and Qubit Controller.
Company details
Quantum Machines was founded in 2018 in Tel Aviv, Israel, within the quantum computing sector. Cloud-powered qubit controllers are supplied to support quantum computer operations. Quantum control and operation systems, encompassing both hardware and software, are developed for users. Classical computer engineering techniques are integrated with quantum computing technology to construct essential quantum infrastructure.
- Headquarters Tel Aviv, Israel
- Founders Yonatan Cohen, Nissim Ofek, Itamar Sivan
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website quantum-machines.co
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$263M (USD)
in 7 rounds
- Latest Funding Round$170M (USD), Series C
Jan 2025
- InvestorsHarel Group
& 14 more
- Investments & Acquisitions
Apps and channels of Quantum Machines
its YouTube channel Quantum Machines has 632 subscribers and 30 videos.
Videos from Quantum Machines
The most watched videos on Quantum Machines's YouTube channel, Quantum Machines (632 subscribers). Click a video to play it here.
More on Quantum Machines.
Funding Insights of Quantum Machines
Quantum Machines has successfully raised a total of $263M across 7 strategic funding rounds. The most recent funding activity was a Series C round of $170 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $263M
- Total Rounds 7
- Last Round Series C — $170M
- First Round $5.5M
(Nov 2018)
- Investors Count 15
All 7 funding rounds of Quantum Machines with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | $170M | Series C | – | PSG | |
| Sep 2023 | Series B | – | ArtofIn | – | |
| Jan 2023 | $20M | Series B | – | – | – |
| Oct 2021 | Series B | – | Qualcomm Ventures | – | |
| Sep 2021 | $50M | Series B | – | Red Dot Capital Partners | |
| Mar 2020 | $17.5M | Series A | – | Avigdor Willenz, Harel Group | |
| Nov 2018 | $5.5M | Seed | – | TLV Partners, Battery Ventures | – |
15 investors in total: 14 institutional and 1 angel.
Investors in Quantum Machines
Quantum Machines has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Harel Group, Exor and Qualcomm Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Capital and operational support are provided to growth-stage software companies. | psgequity.com | Boston, United States | ||
Investment in technology startups focusing on compute, AI, and related innovations. | intelcapital.com | |||
Growth-stage tech investments are targeted in Asia and Israel. | red-dot.capital | Savyon, Israel | ||
| artofin.com | ||||
Venture capital investing in technology sectors such as AI and automotive. | 2000 | qualcommventures.com | San Diego, United States | |
Claridge Israel is focused on growth investments in technology-driven companies. | claridgeil.com | Herzliya, Israel | ||
Venture capital fund investing in early-stage tech startups | samsungnext.com | Berlin, Germany | ||
Private equity firm | valorep.com | Chicago, United States | ||
VC firm investing in early stage startups in Israel & the US | tlv.partners | Tel Aviv, Israel | ||
Investments in technology companies are conducted globally by Battery Ventures. | battery.com |
Investor details for Quantum Machines
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Quantum Machines
92 people are tracked at Quantum Machines (24 in leadership, 8 in board & advisors, 60 in team).
| Name | Role | Group |
|---|---|---|
Yonatan Cohen | Co-Founder & CTO | Leadership |
Nissim Ofek | Co-Founder & Chief Engineer | Leadership |
Itamar Sivan | Co-Founder & CEO | Leadership |
Itai Ben Zion | VP R&d At Quantum Machines | Leadership |
Igor Loiferman | Director of System Engineering | Leadership |
Morten Kirkelund | Global HW R&d Director | Leadership |
Nir Alfasi | General Manager Israeli Quantum Computing Center | Leadership |
Nathan Levy | Director Of SW | Leadership |
Oded Wertheim | Director Of Architecture | Leadership |
Michal Mega | Executive Assistant To CEO And CTO | Leadership |
Joern Hoepfner | Sales Director EMEA | Leadership |
Hila Manoach | Chief People Officer | Leadership |
Shaul Galila | Chief of Operations | Leadership |
Nir Ackerman | Chief Financial Officer | Leadership |
Todd Sierer | VP of Global Sales | Leadership |
Guy Osi | Director Of Product Engineering | Leadership |
Peleg Menirav | Head Of Legal | Leadership |
Niv Drucker | Customer Success Director | Leadership |
Zohar Eshed | Director Of PMO | Leadership |
Gil Raz | Director Of Finance | Leadership |
72 more people are available in the full profile.
Complete people profiles for Quantum Machines
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Investments & Acquisitions by Quantum Machines
Quantum Machines has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include QDevil.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cryogenic filter equipment manufacturer | qdevil.com | Copenhagen, Denmark | 2016 | Mar 2022 | •••• |
Complete acquisition details for Quantum Machines
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Quantum Machines
4 dated milestones of Quantum Machines across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Quantum Machines is founded.
- Funding First funding round of $5.5M.
- Acquisition Acquires QDevil.
- Funding Latest funding round, Series C, of $170.0M.
Web traffic of Quantum Machines
The website of Quantum Machines (quantum-machines.co) receives about 44.2K visits a month.
- Monthly visits44.2K
▼ 3.9% vs previous month
Websites whose visitors overlap most with Quantum Machines. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| quantware.com | 100% | 25.6K | #1,065,711 | View details | |
| zhinst.com | 97% | 108.4K | #292,963 | View details | |
| riverlane.com | 93% | 17.4K | #1,494,741 | View details | |
| q-ctrl.com | 92% | 65.1K | #525,097 | View details | |
| quantumai.google | 84% | #338,736 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 13 similar websites and full traffic analytics for Quantum Machines
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- 13 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Quantum Machines
Complete news archive for Quantum Machines
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Frequently Asked Questions about Quantum Machines
Quantum Machines was founded in 2018.
Quantum Machines is headquartered in Tel Aviv, Israel.
Itamar Sivan is the CEO of Quantum Machines, as recorded in our data. They have also founded this company.
Quantum Machines is a funded company, having raised a total of $263M across 7 funding rounds to date. The company's 1st funding round was a Seed of $5.5M, raised on Nov 2018.
Quantum Machines was founded in 2018 in Tel Aviv, Israel, within the quantum computing sector. Cloud-powered qubit controllers are supplied to support quantum computer operations. Quantum control and operation systems, encompassing both hardware and software, are developed for users. Classical computer engineering techniques are integrated with quantum computing technology to construct essential quantum infrastructure.
Quantum Machines has made 1 acquisition, including QDevil.
Quantum Machines has 15 investors. Key investors include Harel Group, Exor, Qualcomm Ventures, Altshuler Shaham, and PSG Equity.