French quantum
software company ColibriTD has raised €4 million in seed funding to further
develop its multiphysics simulation technology and expand internationally. The
round was led by Earlybird Venture Capital, with participation from SymbiaVC
and Medin VC, following a previous €1 million pre-seed investment from
Earlybird.
Founded in 2019
by Laurent Guiraud and Hacène Goudjil, ColibriTD develops quantum software for
solving complex simulation problems across industries including aerospace,
defence, semiconductors, energy, automotive and finance.
At the core of
its technology is H-DES, or Hybrid Differential Equation Solver, a proprietary
variational quantum algorithm designed to solve partial differential equations
(PDEs). These equations are widely used in multiphysics simulations to model
processes including fluid dynamics, material deformation, electromagnetic
behaviour and financial risk.
The company is
focused on applying quantum computing to industrial simulation workloads that
can require substantial classical computing resources. Its software is designed
to provide a layer between quantum hardware and the engineering and scientific
applications used by industrial customers. The platform is hardware-agnostic,
allowing it to operate across quantum computing systems from different
providers.
ColibriTD has
completed seven co-development projects across six sectors, including defence
and aerospace, space and climate science, semiconductor design, nuclear energy,
automotive engineering and quantitative finance. Applications have included
radio-frequency design and combustion modelling for propulsion systems,
alongside other simulation-intensive engineering and scientific workloads.
The new funding
will be used for further research and development of H-DES and to recruit
quantum researchers and engineers to support customer projects. ColibriTD also
plans to expand its hardware, academic and industrial partnerships and grow
internationally as it prepares to scale its platform.
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