Multiverse Computing, a San Sebastián, Spain-based company which specializes in value-based quantum and quantum-inspired AI software solutions, received an investment from CDP Venture Capital.
The amount of the deal was not disclosed. The investment was carried out through two compartments of the Corporate Partners I fund, ServiceTech and Energytech, a corporate venture capital fund participated by some of the main Italian corporates as limited partners, including Baker Hughes, BNL BNP Paribas, Edison, GPI, Italgas, Snam and Terna Forward.
The company intends to use the funds to expand existing partnerships as well, including a project with EuroHPC and the Leonardo supercomputer, located at the CINECA datacenter in Bologna, a computing consortium in Northeastern Italy that includes 103 public entities.
Led by CEO Enrique Lizaso Olmos, Multiverse Computing is a quantum AI software company dedicated to applying quantum and quantum-inspired AI solutions to address complex challenges in finance, energy, manufacturing, logistics, space, life sciences, healthcare and defence industries.
The company has offices in Spain, Canada, France, Germany, UK, Italy and USA.
FinSMEs
06/12/2024