SubsidieMeestersSINGULARITY: The first quantum software toolbox for finance
Multiverse aims to maintain its leadership in quantum finance by leveraging EIC support to advance its pioneering software toolkit and capitalize on the growing quantum software market.
Projectdetails
Introduction
Quantum computers are reaching a scale where they can start delivering value. The quantum software market is estimated to grow at a CAGR of 42% over the next five years to reach 1.42 billion by 2027.
High-Impact Applications
McKinsey highlighted finance as the earliest high-impact application of quantum computing. We have been pioneers in this space.
Contributions to the Field
- We authored one of the seminal papers in the field.
- We developed a quantum software toolkit for finance.
- Results from beta testing with leading financial institutions brought us to the limelight.
Recognition and Leadership
Now, thought leaders like McKinsey, The Economist, BCG, and Forbes point at Multiverse as a leading firm in quantum finance.
Strategic Importance
Quantum computing is a strategic technology for Europe. Anglo-Saxon firms dominate both quantum and finance. Yet, Multiverse is leading this race.
Future Actions
However, we must act decisively to keep this position. With the EIC support, we will keep the lead and materialize the promise of quantum for financial applications.
Financiële details & Tijdlijn
Financiële details
| Subsidiebedrag | € 2.500.000 |
| Totale projectbegroting | € 3.571.428 |
Tijdlijn
| Startdatum | 1-9-2022 |
| Einddatum | 31-12-2024 |
| Subsidiejaar | 2022 |
Partners & Locaties
Projectpartners
- MULTIVERSE COMPUTING SLpenvoerder
- MULTIVERSE COMPUTING RESEARCH SL
Land(en)
Vergelijkbare projecten binnen EIC Accelerator
| Project | Regeling | Bedrag | Jaar | Actie |
|---|---|---|---|---|
QuiX Quantum Universal Quantum ProcessorQuiX Quantum aims to launch a scalable universal quantum processor by 2026, leveraging photonics to revolutionize industries and overcome current quantum technology limitations. | EIC Accelerator | € 2.470.125 | 2024 | Details |
Automating quantum control with machine learningQuantrolox develops quantum autopilot software to automatically tune quantum computers, enhancing their uptime and accelerating development cycles for a robust quantum computing industry. | EIC Accelerator | € 2.495.500 | 2023 | Details |
The first utility-oriented, agnostic software platform for quantum-centric drug discoveryKvantify is developing Kvaser, a user-friendly quantum software tool for R&D scientists to perform advanced molecular simulations, enhancing drug discovery with speed and precision. | EIC Accelerator | € 2.499.999 | 2023 | Details |
High-Throughput Quantum Chip DiagnosticsWe are developing the Orange Quantum Diagnostics System to automate and expedite the quality assessment of quantum chips, enabling faster transition from research to industry-grade applications. | EIC Accelerator | € 2.499.999 | 2023 | Details |
Democratizing quantum computing with 3D scalable and customizable quantum processors:The project aims to revolutionize quantum computing by developing affordable, customizable, and scalable QPUs using innovative technologies, enabling faster access to high-capacity quantum processors. | EIC Accelerator | € 2.499.700 | 2023 | Details |
QuiX Quantum Universal Quantum Processor
QuiX Quantum aims to launch a scalable universal quantum processor by 2026, leveraging photonics to revolutionize industries and overcome current quantum technology limitations.
Automating quantum control with machine learning
Quantrolox develops quantum autopilot software to automatically tune quantum computers, enhancing their uptime and accelerating development cycles for a robust quantum computing industry.
The first utility-oriented, agnostic software platform for quantum-centric drug discovery
Kvantify is developing Kvaser, a user-friendly quantum software tool for R&D scientists to perform advanced molecular simulations, enhancing drug discovery with speed and precision.
High-Throughput Quantum Chip Diagnostics
We are developing the Orange Quantum Diagnostics System to automate and expedite the quality assessment of quantum chips, enabling faster transition from research to industry-grade applications.
Democratizing quantum computing with 3D scalable and customizable quantum processors:
The project aims to revolutionize quantum computing by developing affordable, customizable, and scalable QPUs using innovative technologies, enabling faster access to high-capacity quantum processors.
Vergelijkbare projecten uit andere regelingen
| Project | Regeling | Bedrag | Jaar | Actie |
|---|---|---|---|---|
Scalable Hardware for Large-Scale Quantum ComputingDeveloping a scalable, fault-tolerant quantum computer using advanced cryo-CMOS technology to enhance precision and efficiency in processing complex data across various fields. | EIC Transition | € 2.499.998 | 2023 | Details |
QuantifyQblox en Orange Quantum Systems ontwikkelen samen Quantify, een softwareoplossing die de kalibratie en aansturing van quantumcomputers vereenvoudigt, waardoor quantumtechnologie toegankelijker wordt. | Mkb-innovati... | € 200.000 | 2020 | Details |
Real-World Commercial Coherent Quantum Annealing TechnologyOur project aims to accelerate quantum computing readiness by providing a full-stack solution with coherent quantum annealers and a Quantum as a Service suite for seamless industry integration. | EIC Transition | € 2.495.000 | 2023 | Details |
Quantum Next-Generation Trading Platform (QNGTP)Het QNGTP-project onderzoekt de haalbaarheid van kwantumcomputing voor portfolio-optimalisatie om een verbeterde aandelenhandel-applicatie te ontwikkelen en gefractionaliseerde handel te faciliteren. | Mkb-innovati... | € 20.000 | 2023 | Details |
Haalbaarheidsonderzoek ontwikkeling QuasarHet project onderzoekt de haalbaarheid van innovatieve elektronica voor quantumcomputers, ontwikkeld door Qblox uit QuTech, om complexe controlesystemen te vereenvoudigen en wereldwijd te commercialiseren. | Mkb-innovati... | € 20.000 | 2020 | Details |
Scalable Hardware for Large-Scale Quantum Computing
Developing a scalable, fault-tolerant quantum computer using advanced cryo-CMOS technology to enhance precision and efficiency in processing complex data across various fields.
Quantify
Qblox en Orange Quantum Systems ontwikkelen samen Quantify, een softwareoplossing die de kalibratie en aansturing van quantumcomputers vereenvoudigt, waardoor quantumtechnologie toegankelijker wordt.
Real-World Commercial Coherent Quantum Annealing Technology
Our project aims to accelerate quantum computing readiness by providing a full-stack solution with coherent quantum annealers and a Quantum as a Service suite for seamless industry integration.
Quantum Next-Generation Trading Platform (QNGTP)
Het QNGTP-project onderzoekt de haalbaarheid van kwantumcomputing voor portfolio-optimalisatie om een verbeterde aandelenhandel-applicatie te ontwikkelen en gefractionaliseerde handel te faciliteren.
Haalbaarheidsonderzoek ontwikkeling Quasar
Het project onderzoekt de haalbaarheid van innovatieve elektronica voor quantumcomputers, ontwikkeld door Qblox uit QuTech, om complexe controlesystemen te vereenvoudigen en wereldwijd te commercialiseren.