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Multiverse Computing Awarded €12.5 Million ($14.2M Usd) In New Funding From European Innovation Council

Multiverse Computing Awarded €12.5 Million ($14.2M Usd) In New Funding From European Innovation Council

12/17/21, 7:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/ES.svgsan sebastian
Money raised
€12.5 million
Multiverse Computing today announced it will receive €12,500,000 ($14.2 million USD) as part of the latest funding from the European Innovation Council (EIC) Accelerator program, making Multiverse one of the most well-capitalized quantum startups in Europe.

Company Info

Company
Multiverse Computing
Location
san sebastian, autonomous community of the basque country, spain
Additional Info
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