Paris-based ColibriTD raises €4 million to scale its quantum-powered multiphysics simulation platform
ColibriTD, a Paris-based quantum software company specialising in multiphysics simulation, today announced the closing of a €4 million Seed round. The round was led by Earlybird Venture Capital, with participation from SymbiaVC and Medin VC. The round follows Earlybird’s initial €1 million pre-Seed investment in the company. “Hardware may unlock quantum computing, but software determines […] The…
Paris-based quantum software company ColibriTD has raised €4 million in a Seed round to expand its quantum-powered multiphysics simulation platform. The funding round, led by Earlybird Venture Capital, follows an initial €1 million pre-Seed investment from Earlybird. ColibriTD, founded in 2019 by Laurent Guiraud and Hacène Goudjil, is developing a proprietary variational quantum algorithm called H-DES (Hybrid Differential Equation Solver) for solving partial differential equations (PDEs).
These equations are crucial for multiphysics simulation, covering various fields such as fluid dynamics, material deformation, financial risk modelling, and more. AI struggles with the precision and complexity required by high-stakes industrial engineering, making quantum computing a potential game-changer, according to ColibriTD.
The company's QUICK-PDE Qiskit Function is already accessible through the Qiskit Function Catalogue for IBM Quantum Premium and Flex Plan users. ColibriTD has secured co-construction projects in six demanding sectors, including defence, aerospace, space science, semiconductor design, nuclear energy, automotive engineering, and quantitative finance.
With the new seed round, the startup plans to invest in R&D for H-DES, hire quantum researchers and domain-expert engineers, expand hardware capabilities, broaden academic and industrial partnerships, and pursue international growth to scale its hardware-agnostic platform.
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