Harvard spinout Zapata Computing just raised a series A round in order to attract talent and expand internationally.
Zapata Computing, a quantum computing software startup that spun out of Harvard, announced Wednesday that it has raised $21 million in a series A round. 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. The raise will bring the company’s total funding to about $26.45 million.
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.
After expressing frustration to Aspuru-Guzik over his twice monthly commute from Boston to Japan , Aspuru-Guzik invited Savoie to meet with the Zapata founding team.
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