Quantum computing startup Quantum Art has extended its Series A funding round to $140 million, adding $40 million just four months after closing its initial $100 million raise.

Quantum computing startup Quantum Art has extended its Series A funding round to $140 million, adding $40 million just four months after closing its initial $100 million raise. The Israeli company, which focuses on trapped-ion quantum computing, is now shifting from research into commercial deployment with plans to launch a Quantum-as-a-Service offering. This cloud-based approach mirrors strategies used by competitors like IBM Quantum and IonQ. Quantum Art's technology uses spectrally engineered laser pulses to operate on multiple qubits simultaneously, positioning the company toward its ambitious goal of developing a 1,000-qubit system. The extension was led by Bedford Ridge Capital with new investors including Hudson Bay Capital and Wolverine Global Ventures joining the cap table. The company's lifetime funding now reaches approximately $164 million.