Mapping Israeli quantum computing: $650 million raised as global race intensifies

A newly published map of Israel’s emerging quantum computing sector reveals a compact but potentially high-impact community of startups vying for relevance in one of the world’s most fiercely contested frontiers of technology. The map, released by Earth & Beyond Ventures in collaboration with Deloitte Catalyst, identifies nine main quantum computing startups in Israel that have collectively raised about $650 million to date, including over $300 million in 2025 alone. This includes $170 million raised by Quantum Machines and $110 million received by Classiq.

The additional seven startups include Quantum Source, Qedma, Quantum Art, QuamCore, Qarakal, QuantyMize, and Quantum Transistors.

Quantum computing map.

While the scale may appear modest next to the multi-billion-dollar national quantum initiatives of countries such as the United States and China, Israel’s efforts reflect a familiar pattern: punching above its weight in a field where deep science, national security interests, and commercial competition increasingly intersect.

More than 20 countries now operate national quantum programs, investing heavily in research, infrastructure, and workforce development. Tech giants like Amazon, Google, IBM, and Intel have become key players too, pouring vast resources into building quantum machines that might one day render today’s supercomputers obsolete. In this context, Israel’s nine startups, spanning hardware and software development, position the country on a map that is quickly becoming a geopolitical contest as much as a technological race.

“While we’re only scratching the surface, it is becoming clear that quantum computing will significantly impact the future of business and technology,” said Amit Harel, a partner at Deloitte Catalyst. “Like AI, in many cases quantum computing requires centralized and state-level investments, a trend that signals the return of governments and government-owned companies to the disruptive tech arena.”

Noga Yaari (left) and Amit Harel.

Israel’s government has made early moves to shore up its domestic capabilities, including a 100 million shekel ($27 million) national program to build the Israeli Quantum Computing Center (IQCC), which aims to accelerate homegrown R&D. But compared to the billions flowing into national initiatives in the U.S., China, the U.K. and the EU, Israel’s public investment remains small. Private capital, both local and global, has therefore played an outsized role in pushing Israeli quantum startups toward maturity. Alongside the nine core quantum computing firms, around 15 other Israeli startups are developing related technologies in quantum sensing, communication, and advanced materials.

For investors, the potential payoff is tantalizing but distant. The commercial promise of quantum computing, from cracking today’s strongest encryption to modeling new drugs and optimizing complex supply chains, may not fully materialize until the early 2030s. Still, industry experts say the inflection point from research to real-world deployment is clearly underway.

“Quantum computing is moving from the lab to industry, creating a rare opportunity for early investors to benefit from this inflection point,” said Noga Yaari, VP of Business Development at Earth & Beyond Ventures. “Israel’s ecosystem gives it a unique edge: brilliant researchers, battle-tested entrepreneurs, and a system that turns deep science into real companies.”