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Multiverse Computing

Series B

Multiverse Computing is a provider of AI and quantum computing-enabled software solutions for the finance industry. The company leverages quantum computing and artificial intelligence to develop solutions for portfolio optimization, risk analysis, and market simulation. Its technology helps financial institutions solve complex computational problems that are intractable for classical computers, including derivative…

High Tech · Quantum Computing · San Sebastian, Spain · EST 2019

About

Multiverse Computing is a provider of AI and quantum computing-enabled software solutions for the finance industry. The company leverages quantum computing and artificial intelligence to develop solutions for portfolio optimization, risk analysis, and market simulation. Its technology helps financial institutions solve complex computational problems that are intractable for classical computers, including derivative pricing, credit scoring, and fraud detection. Multiverse also applies quantum-inspired algorithms that run on classical hardware, providing near-term value while quantum hardware matures. Founded in 2019 and headquartered in San Sebastian, Spain, Multiverse Computing has raised approximately $326.1 million at the Series B stage from investors including the European Innovation Council, CDP Venture Capital, Quantonation, Columbus Venture Partners, Bullhound Capital, HP Tech Ventures, Redstone, JME Venture Capital, Inveready, IKERLAN, and MONDRAGON Corporation. The company employs over 480 people.

Business model

Quantum Computing > Applications > Finance

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Team background

Company Wise > McKinsey,

College Wise > University of Edinburgh

Institutional investors

EuropaColumbus Venture PartnersQuantonationQAi VenturesEIC FundindipartnersCDP Venture CapitalRedstoneUkriJME Venture CapitalEaso VenturesClaveInvereadyIKERLANMONDRAGON Corporation

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