Qedma raises $26M Series A with IBM participation for quantum error-mitigation software
On 2025-07-03 Israeli quantum-software startup Qedma announced a $26 million Series A round led by Glilot Capital Partners' Glilot+ growth fund, with new participation from IBM and Korean Investment Partners and existing investors including TPY Capital. Qedma develops quantum noise-resilience software (error suppression plus post-processing mitigation) that integrates with existing hardware and is offered as one of the first IBM Qiskit Functions. Founded in 2020 by Technion's Netanel Lindner, Asif Sinay, and Hebrew University's Dorit Aharonov, the company said the capital would advance its goal of demonstrating quantum advantage via error-resilience methods.
A $26M Series A sits below the §8 $54.5M (=5) funding anchor; for a software/middleware company the round is meaningful for the error-mitigation sub-domain, and IBM's strategic participation signals validation of software-based error resilience as a near-term complement to hardware error correction.
IBM backing an independent error-mitigation vendor that runs on its own Qiskit stack reinforces a layered error-handling roadmap (mitigation now, correction later) and could pull other hardware vendors toward third-party software partnerships rather than fully in-house stacks.