Key Takeaways
- • Two Israeli quantum startups—Quantum Art and Classiq—are in advanced SPAC merger negotiations targeting valuations of $2 billion to $5 billion each, with Quantum Art potentially listing as early as end-2026.
- • Quantum Art, a trapped-ion quantum hardware company, has raised approximately $200 million to date, including a $140 million Series A extension completed in April 2026, positioning it to become the first Israeli quantum company to go public via SPAC.
- • Classiq, a quantum software platform company backed by AMD and Qualcomm, has raised roughly $200 million and is generating annual revenues in the tens of millions, with management reportedly considering an additional funding round before SPAC closure.
- • The quantum SPAC pipeline is accelerating: approximately 30 SPACs are actively pursuing quantum deals, with 5 quantum startups already having gone public via SPAC since early 2026 and 5 more in advanced negotiation stages; collective quantum public entity valuations now stand at approximately $70 billion.
- • An Israeli-founded SPAC led by Tom Livne and Eyal Waldman recently raised $172 million specifically targeting quantum technology investments, reflecting institutional capital concentration in the sector.
Summary
Two Israeli quantum computing startups are advancing toward Wall Street listings through special purpose acquisition company (SPAC) mergers, signaling accelerating momentum in quantum sector capital formation. Quantum Art and Classiq are both in advanced negotiations with SPACs, with each seeking valuations between $2 billion and $5 billion. If completed, Quantum Art could become the first Israeli quantum computing company to achieve public market status, potentially listing by end-2026.
Quantum Art develops trapped-ion quantum hardware and has secured approximately $200 million in total funding, highlighted by a $140 million Series A extension closed in April 2026. The company is advancing toward a 1,000-qubit system and commercial-scale deployment. Classiq operates in the quantum software layer, providing cross-platform tools that enable developers to write and optimize quantum algorithms. The company has raised roughly $200 million, including a $30 million round completed in late 2025, and is reportedly exploring additional funding prior to SPAC finalization. Classiq counts AMD and Qualcomm among its strategic backers and is currently generating annual revenues in the tens of millions.
Both companies are working with investment banks to finalize their SPAC transactions, according to reporting from Israeli business publication Calcalist. The quantum SPAC pipeline reflects substantial institutional interest in the sector: approximately 30 SPACs are actively pursuing quantum-related deals. Since early 2026, five quantum startups have already completed SPAC mergers and gone public, with five additional companies in advanced negotiation stages. Public quantum computing entities collectively carry valuations of approximately $70 billion. Notably, an Israeli-founded SPAC co-founded by Tom Livne and Eyal Waldman recently raised $172 million specifically targeting quantum technology investments, underscoring concentrated capital deployment toward the sector.
Quantum Art develops trapped-ion quantum hardware and has secured approximately $200 million in total funding, highlighted by a $140 million Series A extension closed in April 2026. The company is advancing toward a 1,000-qubit system and commercial-scale deployment. Classiq operates in the quantum software layer, providing cross-platform tools that enable developers to write and optimize quantum algorithms. The company has raised roughly $200 million, including a $30 million round completed in late 2025, and is reportedly exploring additional funding prior to SPAC finalization. Classiq counts AMD and Qualcomm among its strategic backers and is currently generating annual revenues in the tens of millions.
Both companies are working with investment banks to finalize their SPAC transactions, according to reporting from Israeli business publication Calcalist. The quantum SPAC pipeline reflects substantial institutional interest in the sector: approximately 30 SPACs are actively pursuing quantum-related deals. Since early 2026, five quantum startups have already completed SPAC mergers and gone public, with five additional companies in advanced negotiation stages. Public quantum computing entities collectively carry valuations of approximately $70 billion. Notably, an Israeli-founded SPAC co-founded by Tom Livne and Eyal Waldman recently raised $172 million specifically targeting quantum technology investments, underscoring concentrated capital deployment toward the sector.
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