Zapata is a quantum computing company spun out from Harvard University developing quantum software and algorithms for business.
The Boston based company was founded in 2017 from the work of Alán Aspuru-Guzik and his 4 postdoc students: physicists Peter Johnson and Jonathan Olson; computer scientist Yudong Cao; and chemist Jhonathan Romero Fontalvo. CEO Chris Savoie completes Zapata's founding team.
Zapata has raised $31.4M in 3 rounds of funding. In April 2019, $21M was raised in Series A funding.
The main product Zapata offers is the Oquestra platform. Orquestra combines a software platform and quantum algorithm libraries to deliver real-world advances in computational power for applications — particularly in chemistry, machine learning, and optimization. Orquestra enables users to compose quantum workflows and orchestrate their execution across classical and quantum technologies.
Timeline
Zapata Computing raises $38 million in Series B funding round led by Comcast Ventures, Pitango and Prelude Ventures with the support of existing investors includes BASF Venture Capital, Robert Bosch Venture Capital and The Engine Accelerator Fund, as well as new investors, includes Ahren Innovation Capital, Alumni Ventures Group, Honeywell Venture Capital, ITOCHU Corp. and Merck Global Health Innovation Fund.