QDevil acquired by Well-funded Israeli Startup: Quantum Machines to build out its full-stack quantum orchestration platform
- ByStartupStory | March 31, 2022
The well-funded Israeli startup, Quantum Machines, that specializes in building control systems for quantum computers, today announced that it has acquired a well-known Danish company, QDevil, that specializes in building control hardware for quantum systems.
According to Crunchbase, the company only raised about €1 million, mostly in the form of grants and the two companies did not disclose the financial details of the transaction. But it counts many of the established quantum computing research institutes and commercial entities as its customers and it also has become a significant player in the market.
Quantum Machines founder and CEO Itamar Sivan said in a statement that at the last in-person APS March meeting back in 2019, he first met the QDevil team in person and the companies continued to talk over the course of the next few years.
Sivan said, at some point, because their products are actually complementary to theirs, they realized that it would be highly impactful to join forces. And therefore, they can now provide a more comprehensive orchestration platform. After all (or buy one off the shelf), it’s one thing to build a quantum processing unit, but it takes a lot of expertise to then turn that into a complete quantum computer.
As the company describes it, a high-precision low-noise computer-controlled voltage generator, one of QDevil’s main products is its QDAC. Qubits obviously hate nothing more than noise, for operators to control their qubits, QDevil’s low-noise DAC makes it easier. In addition, a range of other electronics and specialized components for operating quantum processors is also offered by QDevil.
This will allow the two companies to offer a full-stack solution for orchestrating quantum computers, combined with Quantum Machines’ Pulse Processing Units and software. Sivan also stressed that quite a bit of work on controlling quantum dots has been done by QDevil, which is an increasingly hot topic in the quantum computing world.
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