Company brief: Multiverse Computing
Information only, not investment advice. This view does not rate, score or recommend any company or investor. Figures are as published by the sources named, with their dates; missing evidence is shown as not covered, never as a low value.
Brief dated 2026-11-03. Figures assembled on 2026-11-02 from the stored copies of the sources named in each section.
Use the print command of your browser to keep this brief as a PDF. Links stay readable in print.
Company and sources
- Country
- Spain
- SME in CORDIS
- Yes
- Technology areas of its EU projects
- Quantum computing and simulation, Enabling technologies and supply chain
Legal entities linked to this company after a review of name and country:
EU grants
Takes part in 4 EU-funded quantum projects. EU contribution received: EUR 3,392,187.50 (net EU contribution CORDIS records for the company in these projects; not the project budgets and not payments).
EIC schemes named by the CORDIS funding scheme
- EIC Accelerator, blended finance (grant plus an EIC Fund investment component): 1 project
| Project | EIC scheme | Start | EU contribution to the project |
|---|---|---|---|
| SINGULARITY: SINGULARITY: The first quantum software toolbox for finance | EIC Accelerator, blended finance (grant plus an EIC Fund investment component) | 2022-09-01 | EUR 2,500,000 |
| Q-VERSE: Quantum Virtual Ecosystem for a unified Runtime for agnostic Software Engineering | Other scheme | 2026-09-01 | EUR 4,999,637.50 |
| IGNITE: Integrated GermaNIum quanTum tEchnology | Other scheme | 2022-07-01 | EUR 4,996,815.75 |
| QEC4QEA: Quantum Excellence Centre for Quantum-Enhanced Applications | Other scheme | 2025-11-01 | EUR 4,860,568.18 |
Source: CORDIS, Publications Office of the European Union, retrieved 2026-10-16.
Patent families
10 distinct quantum patent families, looked up on 2026-10-26.
Source: European Patent Office, Open Patent Services, by applicant name in the quantum CPC groups; derived counts only. A count is not a measure of patent quality or ownership.
Publications
39 works in quantum topics of the matched OpenAlex institution, looked up on 2026-10-21.
Source: OpenAlex, CC0; the institution is matched by name and country.
Infrastructure
Status: the deployment tracker names this company in no contract award.
Announced funding rounds
| Date | Type and status | Amount | Investors (organisations) | Sources |
|---|---|---|---|---|
| 2026-07-27 | Series C Announced target, not closed | up to EUR 500,000,000 As announced: Series C Fundraising Targeting up to $570M (€500M) | Forgepoint Capital International (lead), BNP Paribas Solar Impulse Venture Fund (BNPP SIVF) (lead), Bullhound Capital (lead), Santander (Santander Climate VC, Santander Alternative Investments), Tikehau Capital, HP Tech Ventures and HP Inc., Orange Ventures, Scania Invest, NAventures (National Bank of Canada), Qatar Development Bank, Zouk Capital, SETT (Sociedad Española para la Transformación Tecnológica), European Innovation Council (EIC) and EIC Fund, Capital Riesgo de Euskadi - Grupo SPRI (including the Hazten Scale-Up Fund), Kutxa Fundazioa | Multiverse Computing (Company press release, read 2026-10-23; Dateline paragraph, San Sebastian, 27 July 2026) Multiverse Computing (Company press release, read 2026-10-23; First body paragraph (Doha, 4 August 2026); investor amount not disclosed) A target, not a closed amount: the release says the round may remain open. Never counted in totals. |
| 2025-06-12 | Series B Closed | EUR 189,000,000 As announced: 189 million euros ($215 million) | Bullhound Capital (lead), HP Tech Ventures and HP Inc., SETT (Sociedad Española para la Transformación Tecnológica), Forgepoint Capital International, CDP Venture Capital, Santander (Santander Climate VC, Santander Alternative Investments), Quantonation, Toshiba, Capital Riesgo de Euskadi - Grupo SPRI (including the Hazten Scale-Up Fund) | European Commission (EISMEA newsroom, reposting CE Noticias Financieras) (Press (no primary source read), read 2026-10-23; Article body: amount, lead and participants) Reputable press via an official repost: the company press release was not found on its site. |
| 2025-06-12 | Public equity investment (EIC STEP Scale Up) Selected, subject to due diligence | Undisclosed | European Innovation Council (EIC) and EIC Fund | European Innovation Council (Official page, read 2026-10-23; List of the four companies; up to EUR 90 million of equity in total, no per-company figure) Registry entry Put forward for an EIC Fund investment decision under EIC STEP Scale Up, subject to due diligence. |
| 2024-03-05 | Series A Closed | EUR 25,000,000 As announced: €25M (USD $27.1 million) oversubscribed investment round | Columbus Venture Partners (lead), Quantonation, European Innovation Council (EIC) and EIC Fund, Redstone QAI Quantum Fund, Indi Partners | Multiverse Computing (Company press release, read 2026-10-23; Dateline paragraph, San Sebastián, 5 March 2024; paragraph beginning "The round was led by") The subheading names Columbus Venture Partners and Quantonation as leads; the body names Columbus as lead, which is used here. |
| Currency | Total as announced | Rounds |
|---|---|---|
| EUR | EUR 214,000,000 | 2 |
Not added: 0 undisclosed, 2 not closed (targets, commitments and selections), 0 acquisitions or listings and 0 included in a later figure. Currencies are never converted or added together.
From grant to equity
- First EU-funded quantum project
- IGNITE, Collaborative research, innovation or coordination action (Horizon Europe), started 2022-07-01; EUR 4,996,815.75 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
- First EIC Accelerator project
- SINGULARITY, EIC Accelerator, blended finance (grant and EIC Fund investment component) (Horizon Europe), started 2022-09-01; EUR 2,500,000 (EU contribution (maximum grant agreed), the whole project). Source: CORDIS.
- First round with the EIC Fund among the investors
- 2024-03-05, Series A, EUR 25,000,000 (as announced: €25M (USD $27.1 million) oversubscribed investment round). Sources: Multiverse Computing (read 2026-10-23; Dateline paragraph, San Sebastián, 5 March 2024; paragraph beginning "The round was led by")
- First equity round recorded in the portal
- 2024-03-05, Series A, EUR 25,000,000 (as announced: €25M (USD $27.1 million) oversubscribed investment round). Sources: Multiverse Computing (read 2026-10-23; Dateline paragraph, San Sebastián, 5 March 2024; paragraph beginning "The round was led by")
- Public investment registry
- Multiverse Computing selected for EIC STEP Scale Up investment (official source)
- Time between
- 20 months (1.7 years) from the start of the first project to the first equity round recorded in the portal.
Not covered
- Valuations, revenues, ownership stakes, cap tables and individual investors are not collected.
- National grants, regional aid, loans and payments are not covered; EU figures are amounts awarded, not paid.
- Use of infrastructure as a customer is not recorded; only a named supplier role in the deployment tracker is shown.
- Nothing here is a rating, a recommendation or investment advice; figures are as published by their sources.