BQP, a dual-use quantum-accelerated simulation software company, has raised $5 million in a seed funding round led by Monta Vista Capital.
The round saw 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.
The funds raised will be used to expand its unified digital twin platform, BQPhy, for mission-critical industries, including aerospace, defense (A&D), and semiconductor.
Total funding raised by the company now stands at $6.6 million.
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.
Founded in 2020 by Abhishek Chopra, Jash Minocha, and Rut Lineswala, BQP (BosonQ Psi) is a quantum-first simulation company building the next generation of digital twin platforms for mission-critical applications. 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.
Abhishek Chopra, BQP’s Founder, CEO, and Chief Scientific Officer, said, “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.”
He 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.”
Roger Krakoff, Partner at Monta Vista Capital, said, “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.”
