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Israeli quantum startup Qedma just raised $26M, with IBM joining in
Qedma specializes in error mitigation software. Its main piece of software, QESEM, standing for 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.
But it sees value as well in partnering with companies more narrowly focusing on the software layer, like Qedma and Tiger Global-backed Finnish startup Algorithmiq, its VP of Quantum, Jay Gambetta, told TechCrunch. An associate professor of theoretical physics and research group lead at Technion, he told TechCrunch he is hoping that some of his former doctorate students — or others they know — will join Qedma as part of the startup’s hiring efforts. A former LATAM & Media Editor at The Next Web, startup founder and Sciences Po Paris alum, she’s fluent in multiple languages, including French, English, Spanish and Brazilian Portuguese.
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