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ColibriTD closes €4 million seed round for quantum simulation

ColibriTD closes €4 million seed round for quantum simulation Image: Primary
Paris-based quantum software company ColibriTD announced the closing of a €4 million seed round led by Earlybird Venture Capital, with SymbiaVC and Medin VC participating. The company develops a multiphysics simulation platform built around its H-DES variational quantum algorithm for solving partial differential equations. ColibriTD said it will use the capital for H-DES research and development, hiring, client engagements, hardware, partnerships and international growth.
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EU-Startups
Published by Tech & Business, a media brand covering technology and business. This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.
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