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World Quantum Day: Bank of Canada in Quantum Simulation of Cryptocurrency POC with Multiverse

 Toronto – April 14, 2022 – The Bank of Canada, a G7 central bank, and Multiverse Computing, a developer of quantum computing solutions for the financial industry and other sectors, announced completion of a proof-of-concept project using quantum computing to simulate the adoption of cryptocurrency as a method of payment by non-financial firms. The quantum […]

Quantum: Multiverse Computing Submits 22 Patent Applications for 2021 Research

 TORONTO and SAN SEBASTIÁN, SPAIN – March 29, 2022 – Multiverse Computing, developer of quantum computing solutions for the financial industry and other industries, today announced it submitted 22 patents from its research efforts in 2021. Eleven of the patents were filed in the United States with the remainder filed in Europe. Ranging from hybrid […]

Multiverse Computing and Xanadu Partner on Quantum Software for Finance

TORONTO and SAN SEBASTIÁN, SPAIN – Multiverse Computing, a maker of quantum computing software for the financial industry, and Xanadu, a full-stack photonic quantum computing company, announced today a joint partnership to expand Multiverse’s use of Xanadu’s open source software, PennyLane. The partnership will enable Multiverse’s financial services clients to develop applications with greater speed […]

Quantum in the News: IBM Touts ‘Entanglement Forging’ Simulation; Multiverse Launches Quantum-based Stock Valuations

Quantum is in the news this week, with IBM today announcing new research on its “entanglement forging” simulation method and Multiverse Computing launching  a quantum-based method for financial institutions to calculate stock valuations. At IBM, “entanglement forging” creates a “remarkably accurate” simulation of a water molecule using half as many qubits on IBM’s 27-qubit Falcon […]

Quantum Startup Multiverse Computing Wins €12.5M Funding from European Innovation Council

SAN SEBASTIÁN, SPAIN — (December 17, 2021) – Multiverse Computing today announced it will receive €12.5 million ($14.2 million USD) as part of the latest funding from the European Innovation Council (EIC) Accelerator program, making Multiverse one of the most well-capitalized quantum startups in Europe. The investment comes on the heels of Multiverse’s €10 million seed round less than two […]