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Quantum computing startup BosonQ Psi raises pre seed round

BosonQ Psi, a quantum based enterprise SaaS software venture, has raised $525K in pre-seed funding led by 3to 1 capital. Prominent industry leaders such as Abhay Tandon, Vijay Sethi, Chandan Chowdhury, Saptroshi Hore, Neeraj Khandewal, Ankur Jain, Vijay Rajagopal, Abhishek Sureka, Shankar Rachakonda, and Anand Reddy also participated in the round.

The Delhi-based startup is a software venture that leverages the power of quantum computing to perform simulations. The startup builds simulation capabilities utilising a hybrid infrastructure of quantum computers and high performance computers (HPC) to highlight near term value additions to its customers.

Founded by Abhishek Chopra, Rut LIneswala, and Jash Minocha, BosonQ Psi will utilise this fund to accelerate product development and expand in Asia, North America and Europe to address the product’s growing demand. In addition, the startup will invest the funds to hire international talent across tech, sales and marketing teams.

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