Quantum Computing Error Resilience Software Developer Qedma Raises $26 Million, Brings in IBM as a Partner

Led by Physics and Computer Science titans Asif Sinay(Chief Executive Officer and Co-founder), Dorit Aharonov(Chief Scientific Officer and Co-founder), and Netanel Lindner(Chief Technology Officer and Co-founder), Qedma has raised $26 Million in Series A funding led by Glilot Capital Partners and saw participation from existing investor TPY Capital and new investors including Korea Investment Partners and IBM, as reported in Techcrunch.

Qedma develops QESEM, a quantum error suppression and mitigation tool that analyzes noise patterns to suppress errors during execution and mitigate them in post-processing, improving quantum algorithm reliability.

Qedma will use its latest funding to expand its team from 40 to 50–60 people, hiring researchers, software engineers, and staff for marketing and sales roles.