Q-Factor, a quantum hardware startup based in Tel Aviv, has secured $24 million in seed funding to advance its neutral atom quantum computer technology, aiming to develop a system capable of supporting one million qubits. The investment round was led by prominent venture capital firms NFX and TPY Capital, with notable participation from Intel Capital and other key players1. This significant funding will enable Q-Factor to scale its operations and accelerate the development of its quantum computing systems. The company's emergence from stealth mode and substantial seed funding underscore the growing interest in quantum computing technologies, particularly those focused on neutral atom systems. As companies like Intel invest in quantum technologies, the timeline for cryptographic migration to post-quantum cryptography (PQC) narrows, increasing the urgency for organizations to plan their PQC strategies. This development matters to practitioners as it highlights the need for proactive planning to mitigate potential quantum computing risks.