Multiverse Computing secures €107 million from Spain’s SEPI digital fund to scale its quantum‑AI softwareExecutive summary: Multiverse Computing received a €107 million commitment from Spain’s SEPI digital fund, adding to the €59.2 million previously invested by the SETT agency. The funding underscores strong public support for quantum‑AI ventures in Europe, potentially speeding up R&D and commercialization of next‑generation computing technologies. Multiverse Computing, the SEPI digital fund (via the SETT agency), and the Spanish government. The new capital will be used to hire talent, advance the quantum‑AI software platform, and pursue partnerships with industrial users and academic labs.The announcement shows that Spain’s sovereign‑backed SEPI digital fund is committing fresh capital to a home‑grown quantum‑AI specialist, building on a prior €59.2 million investment by the SETT agency. Multiverse Computing, which develops software that merges quantum computing with artificial intelligence, is highlighted as a European reference point in the field. The influx of public money is intended to accelerate product development, expand the team and deepen collaborations with industry and research centres.Connected developmentsWhy Europe is rebuilding its tech stackStrong Results, Lower Target: What’s Happening at PowerFleet, Inc. (AIOT)Open the full case file on Beyond →
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