BQP, a company specializing in dual-use quantum-accelerated simulation software, has raised $4.9 million in an oversubscribed seed round to expand its digital twin platform, BQPhy, for industries such as aerospace, defense, and semiconductors. This funding follows a partnership with the Air Force Research Laboratory to enhance modeling and simulation using quantum computing, bringing BQP’s total funding to $6.6 million.
Led by Monta Vista Capital, the round included contributions from various investors. BQPhy supports hybrid architectures, including CPUs, GPUs, and quantum computers, and offers a tenfold performance boost, with future gains projected to reach 1,000 times that of quantum systems.
BQP aims to be the “BlackRock” of the simulation industry by integrating into existing workflows. The company collaborates with Intel and IBM and will present its work at upcoming conferences, discussing quantum applications in simulation.
KEY QUOTES:
“Our quantum-inspired solvers are setting a new benchmark in simulation technology, bridging today’s computational limits and the quantum-ready future. 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.”
“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.”
Abhishek Chopra, BQP’s Founder, CEO, and Chief Scientific Officer
“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. Their quantum-powered framework is positioned to become foundational infrastructure in the simulation ecosystem.”
Roger Krakoff, Partner at Monta Vista Capital
