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Quantum Computing Startup Multiverse Computing Closes €10 Million Investment Round

Oct 20, 2021over 3 years ago

Amount Raised

€10 Million

San Sebastian

Description

Multiverse Computing, the first quantum computing startup dedicated to finance, today announced it has closed a seed funding round of €10 million (USD $11.55 million).

Company Information

Company

Multiverse Computing

Location

San Sebastian, Autonomous Community of the Basque Country, Spain

About

Multiverse Computing is a global leader in quantum computing for finance. It is headquartered in San Sebastian, Spain, and has subsidiaries in Toronto, Paris and Munich. Multiverse Computing brings significant advances in the financial sector to create a more resilient and prosperous economy. The company combines quantum and quantum-inspired solutions to address complex open problems in finance by successfully demonstrating industry use cases that bring value to financial institutions today. Singularity® from Multiverse Computing is a platform that uses proprietary algorithms to solve real-world financial problems directly from spreadsheets and other tools that financial analysts are used to. The team's experience in both traditional and quantum computing means that Multiverse Computing can push the latest devices to the limit. Because the team also has extensive knowledge of financial issues, they can speak language of their clients and understand their problems. For more information, visit www.multiversecomputing.com. Corporate video: https://youtu.be/ldV0ufuyJ-g Singularity Video https://youtu.be/WuuQQ2akdD0

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