• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to primary sidebar

DigiBanker

Bringing you cutting-edge new technologies and disruptive financial innovations.

  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In
  • Home
  • Pricing
  • Features
    • Overview Of Features
    • Search
    • Favorites
  • Share!
  • Log In

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

July 7, 2025 //  by Finnovate

Startup 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 errors while the algorithm is running and mitigate others in post-processing. IBM is both working on delivering its own “fault-tolerant” quantum computer by 2029 and collaborating with partners like Qedma. That’s because IBM thinks driving quantum further requires a community effort. “If we all work together, I do think it’s possible that we will get scientific accepted definitions of quantum advantage in the near future, and I hope that we can then turn them into more applied use cases that will grow the industry,” VP of Quantum, Jay Gambetta said. In all likelihood, it will first apply to an academic problem, not a practical one. In this context, it may take more than one attempt to build consensus that it’s not just another artificial or overly constrained scenario. Since last September, Qedma has been available through IBM’s Qiskit Functions Catalog, which makes quantum more accessible to end users. Qedma’s plans are hardware-agnostic. The startup has already conducted a demo on the Aria computer from IonQ, a publicly listed U.S. company focused on trapped ion quantum computing. In addition, Qedma has an evaluation agreement with an unnamed partner Sinay described as “the largest company in the market.” Recently, it also presented its collaboration with Japan’s RIKEN on how to combine quantum with supercomputers.

Read Article

Category: Innovation Topics, Futurism

Previous Post: « iOS 26 lends a frosted glass appearance to the Lock Screen clock, allows users to select lighting effects for any of the clock fonts, and choose a color to tint the glass for a realistic glass effect and can be resized to better match iPhone’s wallpaper
Next Post: Robinhood launches its tokenized stock product on the Arbitrum blockchain, indicating the growing embrace of decentralized finance by established financial players »

Copyright © 2025 Finnovate Research · All Rights Reserved · Privacy Policy
Finnovate Research · Knyvett House · Watermans Business Park · The Causeway Staines · TW18 3BA · United Kingdom · About · Contact Us · Tel: +44-20-3070-0188

We use cookies to provide the best website experience for you. If you continue to use this site we will assume that you are happy with it.