Israeli neutral atom quantum computing startup, Q-Factor, has emerged from stealth following a $24 million seed funding round.

Led by NFX and TPY Capital, the round also saw participation from Intel Capital, Korea Investment Partners, Deep33, and Matias Ventures.

The startup also received a grant from the Israel Innovation Authority. The Technion – Israel Institute of Technology and the Weizmann Institute of Science are shareholders in the company.

Founded earlier this year by Professor Nir Davidson and Professor Ofer Firstenberg from Weizmann, Professor Yoav Sagi of the Technion, and Dr. Guy Raz, Q-Factor is working to address current neutral atom limitations, primarily scaling the technology beyond thousands of qubits. This involves the startup developing a new system architecture to scale to more than 1 million qubits, rather than relying on existing technologies that are only driving incremental improvements at present.

“The quantum computing industry needs a revolution, not an evolution,” said Firstenberg, co-founder and chief scientist of Q-Factor. “Current systems are too small to deliver on the promise of quantum computing, and incremental improvements alone aren’t going to close that gap. We’ve developed an architecture designed for continuous scalability, a Moore’s Law-like trajectory that can take neutral atom systems from thousands of qubits to millions and beyond.”

Lisa Cohen, investment director at Intel Capital, added: “Q-Factor’s founding team combines world-class scientific depth with a clear-eyed understanding of what it will take to build a commercially viable quantum computer. They’ve watched the field evolve, learned from the challenges others have encountered, and assembled the right expertise to tackle the hardest remaining problem in quantum computing: scale.”