BQP has received a strategic investment from IBM Ventures, bringing the physics acceleration company’s total funding to $8 million. Venn10 Capital and existing investor Monta Vista Capital also participated. The investment extends a technical relationship between BQP and IBM that began in 2023 when BQP joined the IBM Quantum Network.
BQP plans to use the capital to expand its BQPhy platform from engineering design into operational deployments, scale delivery and go-to-market capabilities, and expand beyond aerospace and defense.
Since its 2025 seed round, BQP has increased contracted and committed revenue eightfold, tripled its customer base and grown platform users by 20 times.
BQPhy is designed to accelerate high-fidelity physics simulations by using GPU computing capacity that conventional physics solvers leave underutilized. BQP said traditional solvers can leave roughly 85% of a GPU’s floating-point capacity idle because the underlying methods are constrained by memory access rather than computing power.
The platform includes QuantumNOW, which is already operating on customers’ CPU and GPU infrastructure, and QuantumMAX, a quantum-native solver under development for heterogeneous CPU-GPU-QPU execution. BQPhy integrates with MATLAB and provides APIs for Python, Julia and other frameworks.
BQP’s aerospace and defense work includes an SBIR with the U.S. Space Force and SpaceWERX. The company said BQPhy can propagate a catalog of more than 3,000 space objects in under one second, approximately 250 times faster than the open-source Orekit solver.
BQP also has a cooperative research and development agreement with the Air Force Research Laboratory’s Aerospace Systems Directorate and has demonstrated its technology for tactical-edge radio frequency applications with NavalX. The company is also applying the platform to EV battery thermal management and other energy applications.
KEY QUOTES:
“An engineer with a deadline doesn’t care where the answer came from. They care that it arrived in time and that the physics is right. The industry spent years treating this as a hardware problem that warranted faster chips, more of them, and eventually a quantum one. But it was always a software problem. We spent those years earning our way into engineering workflows, so when the quantum machines are ready, nothing about how those teams work has to change. That’s the path IBM has watched us build since 2023, and this investment says it’s the right one.”
Abhishek Chopra, Founder and CEO of BQP
“What stood out with BQP is that users don’t have to change how they work to get quantum-accelerated results. Their proven track record of developing software that helps enterprises build a practical path toward hybrid quantum-classical computing is what gives IBM Ventures confidence in making this investment.”
Emily Fontaine, Global Head of IBM Ventures
