Quantum computing spinout Zapata has emerged from stealth with a $5.4m seed round from investors including the Engine.
Harvard University has officially unveiled US-based quantum computing spinout Zapata Computingn with $5.4m in seed funding co-led by the Engine, backed by Massachusetts Institute of Technology.
Machine intelligence-focused venturing firm Pillar VC co-led the round, which also featured participation from Prelude Ventures and Founders Fund’s FF Science vehicle. The funding had already been disclosed in a securities filing before Zapata’s public launch.
Founded in 2017, Zapata Computing is commercialising quantum computing technologies that draw on quantum algorithms research…