This Startup Just Raised $21 Million To Bring Quantum Computing To Enterprise Applications

  • The round was led by Prelude Ventures and Comcast Ventures, and included participation from Pillar VC, The Engine, BASF Venture Capital, Pitango Ventures and Robert Bosch Venture Capital.
  • Instead, it’s building software applications for those systems, as well as helping large enterprises find solutions where quantum computing makes sense, no matter what hardware that customer is using.
  • Zapata’s focus right now is on applications where quantum computing can offer some advantages over traditional supercomputing, particularly in three key areas: simulation of chemical reactions, machine learning, and optimization problems, which are of particular interest in areas like logistics and planning.
  • With the current round of funding, Savoie intends to position Zapata as the primary quantum software solution for large enterprises.

Read full article: forbes.com