BQP Raises $5 Mn Seed to Scale Quantum-Powered Digital Twins for Aerospace and Semiconductor

BQP, a dual-use quantum-accelerated simulation software company, has raised an oversubscribed $4.9 million seed round to expand its unified digital twin platform, BQPhy®, for mission-critical industries, including aerospace, defense (A&D), and semiconductor. The raise follows a strategic collaboration with the Air Force Research Laboratory Aerospace Systems Directorate (AFRL/RQ) under a Cooperative Research and Development Agreement (CRADA) to accelerate mission-critical modeling and simulation capabilities with quantum computing.

“Our quantum-inspired solvers are setting a new benchmark in simulation technology, bridging today’s computational limits and the quantum-ready future,” said Abhishek Chopra, BQP’s Founder, CEO, and Chief Scientific Officer. “The traction we're experiencing from AFRL/RQ and industry-leading design partners validates the immediate impact and substantial ROI our platform delivers today. We're also making significant R&D progress in quantum-native solvers for Computational Fluid Dynamics (CFD) and Machine Learning (ML), paving the way for future simulation workload for the next generation of data centers where HPC and quantum computers operate side by side.”

The round was led by Monta Vista Capital, with participation from Empire State Development’s New York Ventures, New York State’s venture capital arm, Arc Ventures, Armory Square Ventures, Emergent Ventures, Alumni Ventures, Arka Venture Labs, Transpose Platform, Gainangels, and Pranatech Venture Capital. The round also saw participation from key angel investors and existing investors, including Paradigm Shift Capital and Griffiss Institute, as part of the Mojave Aerospace Accelerator Fund. Chopra added, “We’re grateful to those who believed in us and our vision! This funding enables us to accelerate the development of our quantum-powered digital twin framework with these design partners and further expand our footprint in A&D and semiconductor industries.”

Total funding raised by the company now stands at $6.6 million.“BQP directly tackles critical bottlenecks in the rapidly evolving $22 billion simulation industry, where conventional technologies have struggled to keep pace with innovation demands in sectors like Aerospace & Defense, Semiconductor, and Energy,” said Roger Krakoff, Partner at Monta Vista Capital. “Their quantum-powered framework is positioned to become foundational infrastructure in the simulation ecosystem.”

Built for hybrid architectures - CPUs, GPUs, and quantum computers - BQPhy’s current version relies on quantum-inspired solvers, enabling a 10X performance boost today on existing CPU/GPU. With their future quantum-native solvers, the customers can experience up to 1000X gains on forthcoming quantum computers.

In addition to the AFRL/RQ, BQP’s design partners include three major Aerospace and Defense companies, including the largest Tier-I Aerospace manufacturer, the Indian Ministry of Heavy Industries, ABB, and major aerospace players.

BQP's solvers can be utilized independently or in a unification as a Digital Twin framework as part of its platform. BQP’s overarching vision is to make BQPhy "the BlackRock of the simulation world," acting as the backend platform that seamlessly integrates into existing simulation workflows and software, as well as optimized for the hybrid computing architectures—CPUs, GPUs, and Quantum Computers—that define the future of data centers.

BQP is actively working with leading quantum ecosystem partners, including Intel, IBM, Classiq, Strangeworks, and members of the NORDTECH Hub. The company will also appear at AIAA Aviation in Las Vegas and ASME Fluids Engineering in July, where Chopra will speak on quantum applications in simulation.

To explore BQP’s quantum-accelerated Digital Twin platform or request a demo, visit bqpsim.com.

ABOUT BQP

BQP (BosonQ Psi) is a quantum-first simulation company building the next generation of digital twin platforms for mission-critical applications. Headquartered in Syracuse, NY, with a technology hub in Bangalore, India, BQP supports faster, more efficient engineering decisions across aerospace, defense, semiconductors, and energy.

Its core platform, BQPhy, integrates into existing engineering workflows and runs on today’s infrastructure - no quantum hardware required. By combining probabilistic algorithms from quantum information science with proprietary solvers, BQPhy enables breakthroughs in optimization, machine learning, and physics-based (CFD) simulations.

BQP works closely with leading partners, including the Department of Defense, Air Force Research Laboratory, IBM, Intel, Moog, and IAI North America.

Learn more at https://www.bqpsim.com

Quantum SaaS Venture BosonQ Psi and Tech Mahindra’s Makers Lab Partner to Accelerate Use of Quantum Technology

The partnership is centered on expediting the utilization of quantum-powered technology across diverse industrial applications.

BosonQ Psi (BQP) and Tech Mahindra Makers Lab announced a partnership to accelerate the use of quantum technology for various industrial applications. Together, BQP and Tech Mahindra’s Makers Lab will foster innovation in the quantum ecosystem through joint go-to-market initiatives and bring together the expertise of both organizations.

Tech Mahindra's quantum leadership in IT combined with BQP's use cases in manufacturing and automotive such as design optimization, battery optimization, and system-level simulation will help Tech Mahindra’s customers. BQP will integrate its quantum-powered simulation suite, BQPhy®, with Tech Mahindra's systems, enabling customers to harness quantum power for innovative solutions. The partnership will boost the global quantum ecosystem by creating use cases across all verticals, bringing quantum technology closer to customers.

Aditya Singh, Founding Member, Head of Business & Infra, BosonQ Psi (BQP)

Aditya Singh, Founding Member & Head of Business & Infra, BQP said, “This collaboration signifies our collective commitment to leverage quantum computing to solve complex industry challenges. BQP’s quantum-powered simulations suite BQPhy, will enable Tech Mahindra's global clients to tackle complex data-intensive simulations without the inherent complexity typically associated with the implementation of quantum.”

Nikhil Malhotra, Global Head - Makers Lab, Tech Mahindra

Nikhil Malhotra, Global Head - Makers Lab, Tech Mahindra, said: "Quantum computing is currently experiencing rapid development that has the potential to solve complex optimization problems and simulate quantum systems. Technology assures enterprises in resolving issues that are beyond the capabilities and speed of traditional computing systems. The partnership will help explore the potential of quantum applications in the areas of Automotive, Electric Vehicle, Life Sciences, Banking, Financial Services, and Insurance. We look forward to working with the team at BQP to develop proof-of-concept of quantum applications for our enterprise customers."

About BosonQ Psi (BQP)

BosonQ Psi (BQP) is a Quantum SaaS software venture that brings the power of quantum computing into the hands of enterprise end-users. The simulation capabilities deployed by BQP combine a hybrid infrastructure that highlights the near-term value additions for customers via a quantum-based solution that significantly reduces the time needed for high-accuracy simulation. This means products can get to market faster and reduce overall costs for production and recalls. The company recently launched the first version of BQPhy – for getting early feedback. A full-scale version will be released later. BQP is headquartered in the USA with a presence in India and UK.

About Tech Mahindra

Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise for a more equal world, future readiness, and value creation. It is a USD 6.5+ billion organization with 152,000+ professionals across 90 countries helping 1290+ global customers, including Fortune 500 companies. It is focused on leveraging next-generation technologies including 5G, Metaverse, Blockchain, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. It is the only Indian company in the world to receive the HRH The Prince of Wales’ Terra Carta Seal for its commitment to creating a sustainable future. It is the fastest growing brand globally in ‘brand value rank’ and amongst the top 7 IT brands globally in brand strength with AA+ rating. With the NXT.NOW™ framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for its ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. Tech Mahindra aims at delivering tomorrow’s experiences today and believes that the ‘Future is Now’.

Tech Mahindra is the part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.

Bengaluru DeepTech Startup BQP Joins Intel® oneAPI for Startups Adding Quantum Computing Muscle

BosonQ Psi (BQP), a Bengaluru-based deep tech start-up spearheading the quantum computing revolution, has joined Intel®'s oneAPI for start-ups.

The Intel® oneAPI for start-ups helps start-ups grow and succeed by assisting them to access advanced technology. Additionally, the ecosystem provides business support and enables connections with various stakeholders.

BQP's joining the Intel® one API for start-ups will strengthen its ability to make a massive difference in the field of simulations using the power of its quantum computing.

Abhishek Chopra, Founder & CEO of BQP, said, "We are excited to be participating in this program. It enables us to scale BQP's Quantum-powered simulation-as-a-service platform by leveraging Intel® oneAPI resources. This includes access to Compute Infrastructure, software tools, Cloud credits, and support from domain experts."

Being part of the Intel® oneAPI program has long-term consequences for startups like BQP. Elaborating on this, Rut Lineswala, Founder & CTO BQP, said, "BQP recently launched the alpha version of its Quantum powered SAAS suite. In addition to the resource support, the program will help BQP leverage Intel's marketing channels to get early feedback, improve user experience and achieve breakthrough innovations with quantum powered simulations in the long term."

To further enhance the product experience, BQP has been forging early partnerships and collaborations with the Quantum computing ecosystem. It is part of the Azure Quantum credits program, Strangeworks Quantum Syndicate, and Amazon Braket Quantum service, among others. BQP has also been recently inducted into the NASSCOM Deep Tech Club, dedicated to solving global problems using deep tech.

About BQP

BosonQ Psi (BQP) is a SaaS-based enterprise software venture leveraging the power of Quantum computing to speed up virtual simulations. Founded in September 2020, BosonQ Psi has been recognised both in the Indian and global Quantum ecosystems in a short span of time. BosonQ Psi finished as a top finalist in BMW-AWS Quantum computing challenge 2021 and is currently part of the University of Bristol/Quantum Technology Enterprise Centre (QTEC) 's QUEST program. BQP is headquartered in Bengaluru, with offices in USA and UK.

BQP, with its flagship Quantum powered simulation suite BQPhy®️, enables complex engineering simulations through novel engineering solvers which utilise BQP's proprietary quantum algorithms for high-end industrial applications. These include enterprise clients in industry verticals across automobile, aviation, energy, manufacturing, energy, biotech and other industry verticals in North America, Europe and Asia.