Quantum Art, an Israeli company that builds trapped-ion quantum computers, extended its Series A funding round to $140m, announced on 27 April 2026. Globes and other coverage reported that the extension added $40m to the $100m Series A that the company first announced in December 2025. The Quantum Insider's report did not state the extension's size directly, but its figures imply the same amount.
Bedford Ridge Capital led the round. New investors in the extension were Hudson Bay Capital, Poalim Equity, LIP Ventures, Wolverine Global Ventures and IDA Ventures. No valuation was disclosed.
“This extension of our Series A reflects strong investor confidence”Dr. Tal David, CEO and co-founder, Quantum Art
What Quantum Art does
Quantum Art describes itself as a full-stack trapped-ion quantum computing company. According to Globes, it was founded in 2022 as a spin-off from the Weizmann Institute of Science and is based in Ness Ziona, Israel. Dr Tal David is chief executive and co-founder, and Dr Amit Ben Kish is chief technology officer.
Its main product in development is Perspective, a 1,000-qubit multi-core system designed for commercial-scale quantum computing. The company says it will also pursue advanced optical technologies that allow qubit numbers to scale and will expand its 2D architecture roadmap.
Quantum Computing Report said the company uses a 2D trapped-ion architecture, which it says addresses the connectivity and scaling limits of linear trap designs, and that it aims to keep gate fidelities high as it adds qubits through multi-core modules. SiliconANGLE described the multi-core design as using lasers to split a long chain of ions into independent cores and move them within microseconds, so that any qubit can interact with any other. It added that the company is developing integrated photonics and an automated optical delivery system to shrink the hardware and improve precision.
What the money is for
The Quantum Insider listed four uses for the funds: developing Perspective, advanced optical technologies, the 2D architecture roadmap and global business development. The company is also planning a Quantum as a Service platform. It aims to take customers from algorithm development to running on live quantum systems and eventually to stand-alone systems. Quantum Computing Report said the targets are optimisation and simulation applications, and gave no dates for Perspective or for the platform launch. SiliconANGLE said customers could start on simulators and later move workloads to trapped-ion hardware.
Quantum Art said it is expanding internationally and building partnerships, and that it plans to grow its global team. The reports did not give a headcount.
What investors said
David said the extension of the Series A reflects strong investor confidence. Globes said the company attributed the extension to strong investor demand.
Michael Reidler, an investment partner at Bedford Ridge Capital, said most approaches to quantum computing still run into scaling limitations, according to The Quantum Insider. Etai Kramer, a managing director at Poalim Equity, said Quantum Art is tackling one of the most important challenges in the field.
Quantum Computing Report characterised the investment as marking a shift from foundational technology development to market deployment.
The funding so far
The $140m Series A is the only funding total the reports gave. SiliconANGLE reported that Bedford Ridge Capital also led the original $100m round in December 2025. None of the articles reported Quantum Art's total funding, revenue or headcount.