Qedma
Overview
Qedma is a software development company specializing in quantum computing solutions designed to enhance the performance of quantum computers. Founded in 2020 by Asif Sinay, Netanel Lindner, and Dorit Aharonov, Qedma is based in Tel Aviv, Israel. The company has raised approximately $30.7 million in funding, with the most recent Series A round raising $26 million. Key investors include IBM, Glilot Capital Partners, and Korean Investment Partners.
Recent Developments
- July 2025: Qedma announced that it raised $26 million in Series A funding led by Glilot Capital Partners with participation from IBM and Korean Investment Partners. The company aims to demonstrate "quantum advantage" through partnerships with multiple quantum computing companies and research institutions.
- September 2024: Qedma's Quantum Error Suppression and Error Mitigation (QESEM) software was made available through IBM's Qiskit Functions platform, emphasizing its role in reducing noise and errors in quantum computations.
- July 2023: Qedma's error mitigation platform was presented at Q2B Tokyo, highlighting its potential to enhance hybrid classical-quantum simulations.
- 2024-2025: Qedma has been developing and refining its QESEM error mitigation software, which characterizes and suppresses errors in real-time to improve quantum computation accuracy.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2020 |
| Headquarters | Tel Aviv, Israel |
| Founders | Asif Sinay, Netanel Lindner, Dorit Aharonov |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | IBM, Glilot Capital Partners, Korean Investment Partners, TPY Capital |
| Industry | Quantum Computing Software Development |
| Number of Employees | Approximately 40-50 |
Early History
Qedma was established in 2020, following the convergence of ideas from Asif Sinay, Netanel Lindner, and Dorit Aharonov, who recognized that understanding the unique noise patterns of each quantum device could significantly reduce errors. Drawing on their deep academic and industry expertise, they aimed to blend theoretical insights with practical engineering to address the critical challenges faced by quantum computing.
Company Profile and Achievements
Qedma's primary focus is on developing quantum noise resilience solutions such as their flagship product, QESEM, which stands for Quantum Error Suppression and Error Mitigation. The software integrates seamlessly with existing quantum hardware to enhance performance by learning and adjusting to the unique noise characteristics of each device.
- Major Achievements:
- Partnered with IBM to feature QESEM in IBM's Qiskit Functions Catalog, providing access to a larger network of quantum developers and researchers.
- Raised $30.7 million in funding over multiple rounds, underscoring strong investor confidence.
- Developed techniques that allow quantum computations up to 1,000 times larger than previously possible, heralding significant advancements in quantum computing capabilities.
Current Operations and Market Position
Qedma operates within the quantum computing software industry, positioning itself as a pioneer in error management for quantum devices. The company collaborates with major quantum hardware manufacturers and contributes to the global quantum ecosystem by providing software solutions that make quantum computations more reliable and scalable.
- Market Position: Qedma is distinguished by its unique software-centric approach to error reduction, which does not require significant increases in qubit count, unlike traditional hardware solutions.
- Strategic Initiatives: Qedma plans to continue expanding its partnerships with hardware companies and further develop its technology to incorporate proprietary error correction methods alongside mitigation techniques.
Qedma Qiskit Functions
Qedma's integration with IBM's Qiskit functions facilitates developers in implementing error mitigation techniques more easily. It exemplifies Qedma's commitment to providing cutting-edge solutions that enhance the performance and reliability of quantum computations across various platforms.
Quantum Computing Software Companies
Qedma operates in a dynamic and rapidly evolving industry that includes other notable players like Algorithmiq, Quantum Machines, and Q-CTRL. The company's collaborative efforts with industry giants and startups drive continuous innovation and advancement in quantum computing technology.
Conclusion
Qedma stands as a foundational player in the quantum computing industry, making significant strides in the development of software solutions that enhance the reliability of quantum computations. With continued innovation and strategic partnerships, Qedma is poised to be a key contributor to realizing the potential of quantum computing, impacting various fields such as physics, pharmaceuticals, and cybersecurity by providing groundbreaking advancements in error mitigation and correction.