BQP, a Syracuse, NY-based quantum-first simulation company, has secured $5 million in seed funding led by Monta Vista Capital, bringing total funding to $6.6 million. The investment will support expansion of BQPhy, its digital twin platform designed for aerospace, defense, and semiconductor industries. BQPhy currently delivers a 10x performance boost on existing CPU/GPU infrastructure via quantum-inspired solvers, with future quantum-native solvers projected to achieve up to 1000x gains. BQP collaborates with the Air Force Research Laboratory and partners including IBM, Intel, and the Indian Ministry of Heavy Industries.

BQPhy Platform and Technological Advancement

BQP’s unified digital twin platform, BQPhy, is designed for hybrid computing architectures, encompassing CPUs, GPUs, and quantum computers. The current iteration of BQPhy utilises quantum-inspired solvers, reportedly achieving a 10X performance increase on existing CPU/GPU infrastructure. Future development focuses on quantum-native solvers, with projections indicating potential gains of up to 1000X when deployed on forthcoming quantum computers.

The company has established strategic collaborations with several entities, including the Air Force Research Laboratory Aerospace Systems Directorate (AFRL/RQ) under a Cooperative Research and Development Agreement (CRADA). BQP also maintains design partnerships with three major Aerospace and Defense companies, the Indian Ministry of Heavy Industries, ABB, and other aerospace organisations. These partnerships are intended to accelerate mission-critical modelling and simulation capabilities.

BQP’s overarching objective is to establish BQPhy as a backend platform for simulation workflows, ensuring seamless integration with existing software and optimisation for hybrid computing. The company is actively collaborating with partners within the quantum ecosystem, including Intel, IBM, Classiq, Strangeworks, and members of the NORDTECH Hub, to further this aim.

Total funding raised by BQP currently stands at $6.6 million, following a recently completed $5 million seed round. This funding is intended to accelerate the development of the quantum-powered digital twin framework and expand the company’s footprint within the Aerospace & Defense and semiconductor industries. Monta Vista Capital led the round, with participation from several other venture capital firms and angel investors.

Industry Applications and Future Outlook

BQP directly addresses bottlenecks within the $22 billion simulation industry, particularly in sectors such as Aerospace & Defense, Semiconductor, and Energy, where conventional technologies have reportedly struggled to meet innovation demands. Their quantum-powered framework is intended to become foundational infrastructure within the simulation ecosystem, offering a platform for future advancements.

BQP’s solvers are designed for independent use or integration as a Digital Twin framework within its platform, providing flexibility for various applications. The company is actively working with leading quantum ecosystem partners, including Intel, IBM, Classiq, Strangeworks, and members of the NORDTECH Hub, to expand the capabilities of its platform.

The company intends to showcase its technology at AIAA Aviation in Las Vegas and ASME Fluids Engineering in July, where Abhishek Chopra will discuss quantum applications in simulation. Interested parties can explore BQP’s quantum-accelerated Digital Twin platform or request a demonstration via bqpsim.com.

Headquartered in Syracuse, NY, with a technology hub in Bangalore, India, BQP supports faster, more efficient engineering decisions across aerospace, defense, semiconductors, and energy. Its core platform, BQPhy, integrates into existing engineering workflows and operates on current infrastructure, eliminating the immediate need for quantum hardware. By combining probabilistic algorithms from quantum information science with proprietary solvers, BQPhy enables breakthroughs in optimization, machine learning, and physics-based (CFD) simulations.