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Zapata Computing

Zapata Computing

Zapata Computing is a company developing quantum software and algorithms for business founded in 2017 by Christopher Savoie, Alán Aspuru-Guzik, Jhonathan Romero Fontalvo, Jonathan Olson, Peter Johnson and Yudong Cao.

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

November 19, 2020
Series B

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.

November 2020
Zapata Computing raises a $38,000,000 series B round from Ahren Innovation Capital, Alumni Ventures Group, BASF, Comcast Ventures, ITOCHU Corporation, Merck Global Health Innovation Fund, Pitango Venture Capital, Prelude Ventures, Robert Bosch Venture Capital and The Engine.
August 2020
Zapata Computing raises a $3,000,000 venture round from Alumni Ventures Group.
April 2019
Zapata Computing raises a $21,000,000 series A round from Robert Bosch Venture Capital.
May 2018
Zapata Computing raises a $5,400,000 seed round from Engine and Pillar.

Funding rounds

Patents

Further Resources

Title
Author
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Type
Date

News

Title
Author
Date
Publisher
Description
FinSMEs
November 19, 2020
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
Chris Metinko
November 19, 2020
Crunchbase News
Boston-based quantum computing software maker Zapata Computing closed a $31 million Series B as the promise of the next generation of computing gets closer.
Michael Brooks
October 3, 2019
Scientific American
Scientific American is the essential guide to the most awe-inspiring advances in science and technology, explaining how they change our understanding of the world and shape our lives.

References

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