Extended Series A financing to a total of $140M, with an initial $100M round in December 2025 led by Bedford Ridge Capital and an extension including Hudson Bay Capital, Poalim Equity, LIP Ventures, Wolverine Global Ventures, and IDA Ventures.

Capital is earmarked for developing the Perspective platform, a ~1,000 physical‑qubit multi‑core trapped‑ion system intended to demonstrate quantum advantage on practical problems and serve as a foundational commercial product.

Company is entering a commercialization phase with a Quantum‑as‑a‑Service (QaaS) platform to provide customers a staged path from algorithm co‑development to execution on live trapped‑ion hardware.

Founded in 2022 as a spin‑off from the Weizmann Institute of Science, leveraging decades of ion‑trap research and the team that achieved Israel’s first full‑stack quantum computer.

Operates as a full‑stack trapped‑ion quantum computing company with a novel multi‑core architecture and a roadmap targeting 12,000–40,000 physical trapped‑ion qubits by around 2029–2031 and up to one million physical qubits by 2033.

Team comprises roughly 40 physicists and engineers with backgrounds from institutions such as Harvard, Stanford, and Intel, focused on building scalable fault‑tolerant systems using advanced trapped‑ion techniques.

Funding round includes global investors and is intended in part to support expansion of the company’s global business development team and progress on its 2D trapped‑ion architecture roadmap.