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Boston Massachusetts based Zapata Computing is raising $40,174,524.00 in New Equity Investment.

Boston Massachusetts based Zapata Computing is raising $40,174,524.00 in New Equity Investment.

October 5, 2020 Craig Etkin

Boston, MA – According to filings with the U.S. Securities and Exchange Commission, Zapata Computing is raising $40,174,524.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Christopher Savoie played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Zapata Computing

We are the deepest bench of quantum scientists in the industry. Our founders helped create the field of near-term quantum algorithms including the invention of VQE, the progenitor of variational quantum algorithms. We partner with leaders of industries who can have massive impact on real world problems while accelerating our collective path to quantum. Our scientists help industry-leading companies understand and capitalize on the capabilities of quantum computing today, and the possibilities of quantum computing tomorrow. With Fortune 100 and Global 1000 companies, we are developing solutions for a wide range of industries including chemistry, logistics, finance, oil and gas, aviation, pharmaceuticals and materials.

To learn more about Zapata Computing, visit http://www.zapatacomputing.com/

Contact:
Christopher Savoie, Chief Executive Officer
617-832-1731
https://www.linkedin.com/in/chsavoie/

SOURCE: http://www.intelligence360.io
Copyright (c) 2020 SI360 Inc. All rights reserved


Venture Capital
1120, Boston, Massachusetts, Venture Capital, Zapata Computing

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