Israeli quantum startup Qedma just raised $26M, with IBM joining in

INSUBCONTINENT EXCLUSIVE:
Despite their imposing presence, quantum computers are delicate beasts, and their errors are among the main bottlenecks that the quantum
computing community is actively working to address
touted the error-correction capacities of its latest quantum computing chip, Willow
Israeli startup in which it also invested, as A Technology NewsRoom exclusively learned.While most efforts focus on hardware, Qedma
specializes in error-mitigation software
Its main piece of software, QESEM, or quantum error suppression and error mitigation, analyzes noise patterns to suppress some classes of
correction at the computer level.IBM itself does both quantum hardware and software, and some of its partners, like French startup Pasqal,
also develop their own hardware
But it sees value as well in partnering with companies more narrowly focusing on the software layer, like Qedma and Tiger Global-backed
requires a community effort
refers to demonstrating the usefulness of quantum over classical computers
In all likelihood, it will first apply to an academic problem, not a practical one
co-founder Asif Sinay said.With a doctorate in physics, Sinay previously worked as a physicist at Magic Leap, then at a multibillion-dollar
AR company with a large R&D center in Israel
Talpiot, where one of his classmates was Lior Litwak.Litwak is now a managing partner at Israeli VC firm Glilot Capital Partners, which led
Functions Catalog, which makes quantum more accessible to end users
conducted a demo on the Aria computer from IonQ, a publicly listed U.S
company focused on trapped ion quantum computing
An associate professor of theoretical physics and research group lead at Technion, he told A Technology NewsRoom he is hoping that some of
use the proceeds from its latest funding round to grow its team from around 40 to between 50 and 60 people
Some of these new recruits will be researchers and software engineers, but he said the startup also plans to hire for marketing and sales
roles
software layer addresses the fact that a quant at a bank or a chemist who could leverage quantum are not experts in how to run circuits in
the presence of noise
partnerships that research institutions have established with Qedma and its industry peers
But the debate is still open as to when these experiments will become larger, and when quantum advantage will materialize for the broader
world.Qedma hopes to accelerate the timeline by providing a shortcut
bits, or qubits
approaching that issue from different angles
For instance, French startup Alice & Bob raised $104 million earlier this year to develop a fault-tolerant quantum computer whose
not dismissive of the race for more qubits; since it acts as a booster either way, its team wants hardware to have as many qubits as
possible, and the best qubits possible
In practice, though, it will be hard to maximize both at once, just like software-based error mitigation typically means longer runtimes