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BQP announces a strategic investment from IBM Ventures, raising a total of $8M. This funding will support BQP's expansion in operational deployment and scaling delivery.

PRIVATESep 02, 20261 day ago

Amount Raised

$8 Million

Round Type

Corporate Round

SyracuseInformation TechnologySoftware

Investors

Monta Vista CapitalVenn10 CapitalIbm Ventures

Description

BQP, the physics acceleration company, has secured a strategic investment from IBM Ventures. This investment brings BQP's total funding to $8M and aims to fund its expansion beyond aerospace and defense. Venn10 Capital and existing investor Monta Vista Capital also participated in this funding round. The capital will support the operational deployment and scaling of BQPhy®.

Company Information

Company

BQP

Location

Syracuse, New York, United States

About

BQP (BosonQ Psi) is a dual-use quantum-accelerated simulation software company that focuses on creating advanced digital twin platforms for mission-critical industries. Their BQPhy® platform leverages quantum-inspired solvers to enhance modeling capabilities in aerospace, defense, and semiconductor sectors. BQP's vision is to integrate their technology into existing workflows to address bottlenecks in the rapidly evolving simulation industry. They collaborate with key industry partners to drive innovation in quantum computing applications.

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