{ "title": "Company brief: Multiverse Computing", "notice": "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.", "generated": "2026-11-04", "rows_assembled": "2026-11-02", "company": { "id": "multiverse-computing", "name": "Multiverse Computing", "country": "ES", "sme_in_cordis": true, "brief": "/quantum-europe/investors/companies/multiverse-computing/brief", "cordis_organisations": [ "cordis-org:891294395", "cordis-org:886494253", "cordis-org:884812952" ], "technology_areas": [ "computing", "enabling" ], "eu_projects": 4, "eu_contribution_received_eur": 3392187.5, "eic_projects": { "accelerator_bf": 1 }, "patents": { "families": 10, "lower_bound": false, "looked_up": "2026-10-26" }, "publications": { "quantum_works": 39, "looked_up": "2026-10-21" }, "deployment_records": [], "rounds": [ "multiverse-2026-07-series-c", "multiverse-2025-06-series-b", "multiverse-2025-06-eic-step-selected", "multiverse-2024-03-series-a" ], "signals": [ "eu_grants", "eic_accelerator", "patents", "publications", "rounds" ] }, "projects": [ { "id": "cordis:190145380", "acronym": "SINGULARITY", "title": "SINGULARITY: The first quantum software toolbox for finance", "url": "https://cordis.europa.eu/project/id/190145380", "start": "2022-09-01", "project_eu_contribution": 2500000, "currency": "EUR", "eic_scheme": "EIC Accelerator, blended finance (grant plus an EIC Fund investment component)" }, { "id": "cordis:101293734", "acronym": "Q-VERSE", "title": "Quantum Virtual Ecosystem for a unified Runtime for agnostic Software Engineering", "url": "https://cordis.europa.eu/project/id/101293734", "start": "2026-09-01", "project_eu_contribution": 4999637.5, "currency": "EUR", "eic_scheme": null }, { "id": "cordis:101069515", "acronym": "IGNITE", "title": "Integrated GermaNIum quanTum tEchnology", "url": "https://cordis.europa.eu/project/id/101069515", "start": "2022-07-01", "project_eu_contribution": 4996815.75, "currency": "EUR", "eic_scheme": null }, { "id": "cordis:101194322", "acronym": "QEC4QEA", "title": "Quantum Excellence Centre for Quantum-Enhanced Applications", "url": "https://cordis.europa.eu/project/id/101194322", "start": "2025-11-01", "project_eu_contribution": 4860568.18, "currency": "EUR", "eic_scheme": null } ], "cordis_retrieved": "2026-10-16", "rounds": [ { "id": "multiverse-2026-07-series-c", "company": "Multiverse Computing", "company_id": "multiverse-computing", "date": "2026-07-27", "type": "Series C", "status": "Announced target, not closed", "amount": 500000000, "currency": "EUR", "amount_as_announced": "Series C Fundraising Targeting up to $570M (€500M)", "qualifier": "up_to", "lead_investors": [ "Forgepoint Capital International", "BNP Paribas Solar Impulse Venture Fund (BNPP SIVF)", "Bullhound Capital" ], "investors": [ "Forgepoint Capital International", "BNP Paribas Solar Impulse Venture Fund (BNPP SIVF)", "Bullhound Capital", "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" ], "sources": [ { "url": "https://multiversecomputing.com/resources/multiverse-computing-announces-series-c-fundraising-targeting-up-to-usd570m-eur500m-to-power", "publisher": "Multiverse Computing", "kind": "company", "retrieved": "2026-10-23", "locator": "Dateline paragraph, San Sebastian, 27 July 2026" }, { "url": "https://multiversecomputing.com/resources/qatar-development-bank-invests-in-multiverse-computing-europe-s-newest-ai-unicorn", "publisher": "Multiverse Computing", "kind": "company", "retrieved": "2026-10-23", "locator": "First body paragraph (Doha, 4 August 2026); investor amount not disclosed" } ], "included_in_later_figure_of": [], "public_investment_registry": [], "note": "A target, not a closed amount: the release says the round may remain open. Never counted in totals." }, { "id": "multiverse-2025-06-series-b", "company": "Multiverse Computing", "company_id": "multiverse-computing", "date": "2025-06-12", "type": "Series B", "status": "Closed", "amount": 189000000, "currency": "EUR", "amount_as_announced": "189 million euros ($215 million)", "qualifier": "exact", "lead_investors": [ "Bullhound Capital" ], "investors": [ "Bullhound Capital", "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)" ], "sources": [ { "url": "https://ec.europa.eu/newsroom/eismea/items/888147", "publisher": "European Commission (EISMEA newsroom, reposting CE Noticias Financieras)", "kind": "press", "retrieved": "2026-10-23", "locator": "Article body: amount, lead and participants" } ], "included_in_later_figure_of": [], "public_investment_registry": [], "note": "Reputable press via an official repost: the company press release was not found on its site." }, { "id": "multiverse-2025-06-eic-step-selected", "company": "Multiverse Computing", "company_id": "multiverse-computing", "date": "2025-06-12", "type": "Public equity investment (EIC STEP Scale Up)", "status": "Selected, subject to due diligence", "amount": null, "currency": null, "amount_as_announced": "undisclosed", "qualifier": null, "lead_investors": [], "investors": [ "European Innovation Council (EIC) and EIC Fund" ], "sources": [ { "url": "https://eic.ec.europa.eu/news/new-companies-put-forward-major-investments-under-eic-step-scale-scheme-2025-06-12_en", "publisher": "European Innovation Council", "kind": "official", "retrieved": "2026-10-23", "locator": "List of the four companies; up to EUR 90 million of equity in total, no per-company figure" } ], "included_in_later_figure_of": [], "public_investment_registry": [ "eic-step-multiverse-computing-2025" ], "note": "Put forward for an EIC Fund investment decision under EIC STEP Scale Up, subject to due diligence." }, { "id": "multiverse-2024-03-series-a", "company": "Multiverse Computing", "company_id": "multiverse-computing", "date": "2024-03-05", "type": "Series A", "status": "Closed", "amount": 25000000, "currency": "EUR", "amount_as_announced": "€25M (USD $27.1 million) oversubscribed investment round", "qualifier": "exact", "lead_investors": [ "Columbus Venture Partners" ], "investors": [ "Columbus Venture Partners", "Quantonation", "European Innovation Council (EIC) and EIC Fund", "Redstone QAI Quantum Fund", "Indi Partners" ], "sources": [ { "url": "https://multiversecomputing.com/resources/multiverse-computing-raises-oversubscribed-eur25-million-series-a-investment-round-to-advance", "publisher": "Multiverse Computing", "kind": "company", "retrieved": "2026-10-23", "locator": "Dateline paragraph, San Sebastián, 5 March 2024; paragraph beginning \"The round was led by\"" } ], "included_in_later_figure_of": [], "public_investment_registry": [], "note": "The subheading names Columbus Venture Partners and Quantonation as leads; the body names Columbus as lead, which is used here." } ], "lab_to_market": { "id": "multiverse-computing", "name": "Multiverse Computing", "country": "ES", "method": "reviewed_link", "pics": [ "891294395", "886494253", "884812952" ], "nid": 276, "families": [ "computing", "enabling" ], "grants": 4, "first_grant": { "id": "cordis:101069515", "acronym": "IGNITE", "title": "Integrated GermaNIum quanTum tEchnology", "start": "2022-07-01", "programme": "Horizon Europe", "scheme": "HORIZON-RIA", "kind": "collaborative", "amount": 4996815.75, "currency": "EUR", "measure": "EU contribution (maximum grant agreed)", "url": "https://cordis.europa.eu/project/id/101069515", "nid": 1134 }, "first_eic_early": null, "first_eic_accelerator": { "id": "cordis:190145380", "acronym": "SINGULARITY", "title": "SINGULARITY: The first quantum software toolbox for finance", "start": "2022-09-01", "programme": "Horizon Europe", "scheme": "HORIZON-EIC-ACC-BF", "kind": "eic_accelerator_bf", "amount": 2500000, "currency": "EUR", "measure": "EU contribution (maximum grant agreed)", "url": "https://cordis.europa.eu/project/id/190145380", "nid": 1692 }, "first_eic_fund": { "id": "multiverse-2024-03-series-a", "date": "2024-03-05", "type": "series_a", "status": "closed", "amount": 25000000, "currency": "EUR", "amount_text": "€25M (USD $27.1 million) oversubscribed investment round", "qualifier": "exact", "eic": true, "sources": [ { "url": "https://multiversecomputing.com/resources/multiverse-computing-raises-oversubscribed-eur25-million-series-a-investment-round-to-advance", "publisher": "Multiverse Computing", "kind": "company", "retrieved": "2026-10-23", "locator": "Dateline paragraph, San Sebastián, 5 March 2024; paragraph beginning \"The round was led by\"" } ], "registry": [] }, "first_equity": { "id": "multiverse-2024-03-series-a", "date": "2024-03-05", "type": "series_a", "status": "closed", "amount": 25000000, "currency": "EUR", "amount_text": "€25M (USD $27.1 million) oversubscribed investment round", "qualifier": "exact", "eic": true, "sources": [ { "url": "https://multiversecomputing.com/resources/multiverse-computing-raises-oversubscribed-eur25-million-series-a-investment-round-to-advance", "publisher": "Multiverse Computing", "kind": "company", "retrieved": "2026-10-23", "locator": "Dateline paragraph, San Sebastián, 5 March 2024; paragraph beginning \"The round was led by\"" } ], "registry": [] }, "first_private": { "id": "multiverse-2024-03-series-a", "date": "2024-03-05", "type": "series_a", "status": "closed", "amount": 25000000, "currency": "EUR", "amount_text": "€25M (USD $27.1 million) oversubscribed investment round", "qualifier": "exact", "eic": true, "sources": [ { "url": "https://multiversecomputing.com/resources/multiverse-computing-raises-oversubscribed-eur25-million-series-a-investment-round-to-advance", "publisher": "Multiverse Computing", "kind": "company", "retrieved": "2026-10-23", "locator": "Dateline paragraph, San Sebastián, 5 March 2024; paragraph beginning \"The round was led by\"" } ], "registry": [] }, "registry": [ { "id": "eic-step-multiverse-computing-2025", "name": "Multiverse Computing selected for EIC STEP Scale Up investment", "stage": "selected", "date": "2025-06-12", "instrument": "Equity investment by the EIC Fund under the EIC STEP Scale Up scheme", "url": "https://eic.ec.europa.eu/news/new-companies-put-forward-major-investments-under-eic-step-scale-scheme-2025-06-12_en", "source_title": "EIC: new companies put forward for major investments under EIC STEP Scale Up (12 June 2025)", "source_url": "https://eic.ec.europa.eu/news/new-companies-put-forward-major-investments-under-eic-step-scale-scheme-2025-06-12_en" } ], "rounds": 4, "stages": { "grant": true, "eic_early": false, "eic_accelerator": true, "private_round": true }, "months": 20, "order": "grant_first", "median_eligible": true }, "gaps": [ "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." ] }