BQP (BosonQ Psi) has raised $4.9 million in a seed funding round to advance its quantum-accelerated digital twin platform, BQPhy. The round brings the company’s total funding to $6.6 million. BQP develops simulation software for the aerospace, defence and semiconductor sectors.
The funding follows a Cooperative Research and Development Agreement (CRADA) with the US Air Force Research Laboratory Aerospace Systems Directorate (AFRL/RQ). The collaboration focuses on using quantum computing to improve mission-related modelling capabilities.
Monta Vista Capital led the investment, joined by Empire State Development’s New York Ventures, Arc Ventures, and other firms. Strategic investors include the Griffiss Institute through the Mojave Aerospace Accelerator Fund.
BQP said its solvers deliver a 10x performance increase on classical hardware. It aims to achieve up to 1000x gains with quantum-native solvers as quantum computing hardware matures.
BQP’s solvers use a hybrid approach that combines classical high-performance computing (HPC) with quantum-accelerated algorithms. The platform is currently being evaluated by AFRL/RQ and three unnamed companies in the aerospace and defence sectors.
The company’s platform supports workflows in computational fluid dynamics and machine learning. It is designed to operate across hybrid CPU, GPU and quantum environments. BQP is collaborating with technology firms including Intel, IBM, Classiq and Strangeworks.
Founder and CEO Abhishek Chopra said the company plans to use the funding to accelerate development of quantum-native solvers and prepare for integration in future data centre environments.
BQP is also working with the Indian Ministry of Heavy Industries and industrial group ABB on semiconductor-related use cases.
The company is positioning BQPhy as a general-purpose simulation backend for industries including defence, energy and chip design.
Market research firm Markets and Markets forecasts the global quantum computing market to grow at an annual rate of 32%, reaching $4.7 billion by 2029.
