Deeptech startup BQP raises $4.9 Mn in seed round led by Monta Vista Capital

BQP, a quantum-accelerated simulation software company, has raised $4.9 million in an oversubscribed seed funding round led by Monta Vista Capital, with participation from New York Ventures, Arc Ventures, Emergent Ventures, Alumni Ventures, and others.

Previously, the New York and Bengaluru-based company had raised $1.7 million.

The funding follows a collaboration with the Air Force Research Laboratory’s Aerospace Systems Directorate under a Cooperative Research and Development Agreement (CRADA) to advance modeling and simulation capabilities using quantum computing.

The company said the funds will be used to develop its quantum-powered digital twin framework in partnership with collaborators and expand its presence in the aerospace, defense, and semiconductor sectors.

Founded in 2020 by Abhishek Chopra, Jash Minocha, and Rut Lineswala, BQP builds simulation platforms for engineering applications. It aims to improve decision-making processes across sectors such as aerospace, defense, semiconductors, and energy.

BQP’s core platform, BQPhy, integrates with current engineering workflows and runs on classical computing infrastructure. By combining probabilistic algorithms from quantum information science with proprietary solvers, it supports optimization, machine learning, and physics-based simulations.

The company says its solvers can be used independently or as part of a digital twin framework. It aims to position BQPhy as the backend platform for simulation workflows across hybrid computing systems including CPUs, GPUs, and quantum processors.

BQP collaborates with organizations including the Department of Defense, Air Force Research Laboratory, IBM, Intel, Moog, IAI North America, the Indian Ministry of Heavy Industries, ABB, and three major aerospace firms including a Tier-I manufacturer.