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Silicon Flash > Blog > Business > IBM Partners with Qedma in $26 Million Funding Round for Quantum Technology Advancement
Business

IBM Partners with Qedma in $26 Million Funding Round for Quantum Technology Advancement

Published July 3, 2025 By Juwan Chacko
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IBM Partners with Qedma in  Million Funding Round for Quantum Technology Advancement
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Quantum computing is a revolutionary technology that has the potential to transform various industries, from finance to drug discovery. However, one of the main challenges facing the quantum computing community is the issue of errors in quantum computers. These errors can hinder the performance of quantum algorithms and prevent the realization of the full potential of quantum computing applications.

In response to this challenge, companies like Google and IBM are actively working on developing error-tolerant quantum computing systems. Google’s latest quantum computing chip, Willow, boasts advanced error correction capabilities, while IBM is aiming to deliver a fault-tolerant quantum computer by 2029. Additionally, IBM has partnered with startups like Qedma, which specializes in error mitigation software.

Qedma’s software, QESEM, analyzes noise patterns in quantum circuits to suppress and mitigate errors in real-time and post-processing. This approach allows quantum circuits to run accurately on existing hardware, without the need for significant advancements in error correction at the hardware level. Professor Dorit Aharonov, co-founder of Qedma, is renowned in the quantum computing field for her contributions to error mitigation and suppression techniques.

IBM recognizes the importance of both hardware and software advancements in quantum computing and collaborates with companies like Qedma to drive innovation in the industry. By working together, IBM believes that the quantum computing community can achieve scientific milestones and develop practical use cases for quantum advantage.

Quantum advantage refers to the superiority of quantum computers over classical computers in solving certain problems. While the concept is still evolving, companies like Qedma are making significant progress towards demonstrating quantum advantage in real-world applications. CEO Asif Sinay, a physicist with a background in AR technology, leads Qedma’s efforts to push the boundaries of quantum computing.

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Qedma’s collaboration with industry leaders and research institutions, such as IBM and RIKEN, demonstrates its commitment to advancing quantum computing technologies. The startup’s software-agnostic approach and focus on error mitigation make it a valuable partner for hardware manufacturers and end-users alike.

As Qedma expands its team and capabilities with the latest funding round, the company aims to accelerate the timeline for achieving quantum advantage. By providing a bridge between hardware and software in quantum computing, Qedma is paving the way for a future where quantum technologies can revolutionize industries and solve complex problems with unprecedented speed and efficiency.

This article discusses Qedma’s innovative approach to quantum computing error correction, which doesn’t rely on increasing the number of qubits. Qedma believes they can achieve quantum advantage without needing a million qubits. On the other hand, some companies, like Alice & Bob, are focusing on developing fault-tolerant quantum computers using “cat qubits” to reduce errors. While Qedma acknowledges the importance of having more qubits, they emphasize the need for high-quality qubits in quantum hardware.

Unlike the traditional error correction methods that add complexity and limit scalability by requiring more quantum bits, or qubits, Qedma has introduced a novel approach that doesn’t rely on increasing qubit numbers. According to Lindner, the company aims to achieve quantum advantage even before reaching a million qubits.

In contrast, other players in the quantum computing space, such as French startup Alice & Bob, have secured significant investments to develop fault-tolerant quantum computers using “cat qubits.” These unique qubits offer inherent protection against errors, reducing the necessity for a higher qubit count.

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Qedma recognizes the importance of having a large number of qubits and top-quality hardware for optimal performance. While more qubits can act as a performance booster, striking a balance between quantity and quality remains essential. Balancing these aspects can be challenging, similar to the trade-off between software-based error mitigation and longer runtimes. Ultimately, the choice between quantity and quality will depend on the specific task at hand, highlighting the need for advancements in quantum technology to address complex tasks effectively.

TAGGED: Advancement, Funding, IBM, million, Partners, Qedma, Quantum, technology
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