Quantum computing software company Zapata Computing has received $38m in Series B funding from its investors.

The Series B round was led by Comcast Ventures, Pitango, and Prelude Ventures, and supported by Zapata's Series A investors, BASF, Robert Bosch Venture Capital, and The Engine. New investors include Ahren Innovation Capital, Alumni Ventures Group, Honeywell Venture Capital, ITOCHU, and the Merck Global Health Innovation Fund.

Friend of Big Blue

IQM Quantum Computers
One of IBM's quantum computers – IQM Quantum Computers

Zapata's hardware partners are IBM, Honeywell, and IonQ. The company's Orquestra platform improves data analytics performance to build quantum-enabled workflows.

Founded in 2017, the company is named after Mexican revolutionary Emiliano Zapata Salazar.

Prem Tumkosit, MD of Merck Global Health Innovation Fund, said: “We’re excited to explore applications of quantum computing technologies within the life sciences space and believe Zapata will be an important innovator in this field and others.”

Markus Solibieda, MD BASF Venture Capital, added: “As an investor, customer and licensed user of Orquestra, BASF’s relationship with Zapata lets us explore real quantum computing applications and build capabilities to help us compete in the quantum era.”