Q-Factor Raises $24M Seed for Quantum Computing Scale

A new contender has emerged from the shadows in the race to build powerful quantum computers. Tel Aviv-based Q-Factor has successfully closed an oversubscribed $24 million seed funding round, signaling its ambition to engineer a neutral atom quantum system capable of reaching one million qubits and beyond. This significant capital infusion positions the startup to tackle one of the most formidable challenges in quantum computing: achieving unprecedented scale.

The substantial seed financing was co-piloted by prominent venture capital firms NFX and TPY Capital. The round also saw robust participation from strategic investors including Intel Capital, Korea Investment Partners, Deep33, and the Matias family. Further bolstering the company's foundation, Q-Factor also secured a grant from the Israel Innovation Authority, alongside equity contributions from esteemed academic institutions, the Weizmann Institute of Science and the Technion — Israel Institute of Technology.

Q-Factor's technological approach centers on neutral atoms, which are inherently stable and manipulated using light. This method sidesteps the extreme cryogenic requirements that complicate other quantum computing architectures, such as those based on superconducting qubits. The company's proprietary advancements in atom manipulation and controlled Rydberg interactions are engineered to facilitate continuous scaling, a critical differentiator from modular systems that may encounter inherent physical limitations.

The newly acquired capital will be instrumental in Q-Factor's immediate growth plans. The company intends to significantly expand its engineering talent pool in Tel Aviv and commence the construction of its initial high-qubit testbed systems. These systems are specifically designed with continuous scalability in mind, paving the way toward the ambitious million-qubit objective.

The investment underscores a broader trend of escalating interest and capital allocation within the quantum computing sector. Achieving quantum supremacy hinges on the ability to control a vast number of stable qubits. As Lisa Cohen from Intel Capital noted, Q-Factor is directly addressing the paramount challenge of achieving absolute scale with a trajectory akin to Moore's Law. The confidence shown by lead investors NFX and TPY Capital was attributed to the founding team's exceptional blend of world-leading scientific expertise and proven entrepreneurial acumen.

Israel continues to solidify its position as a global nexus for quantum technology innovation. In 2025 alone, Israeli quantum startups attracted over $500 million in investment. Q-Factor's emergence is the latest testament to the nation's dynamic quantum ecosystem, further strengthened by the strategic partnerships and shareholder involvement of the Weizmann Institute of Science and the Technion — Israel Institute of Technology.