BQP Secures Funding From IBM Ventures

BQP, a Syracuse, New York-based developer of physics-acceleration software, has secured additional funding from IBM Ventures, bringing its total raised capital to 8 million dollars. The company develops software designed to integrate quantum-accelerated methods into existing engineering and operational decision-making workflows.

Investors

IBM Ventures led the investment round, with participation from Venn10 Capital and existing investor Monta Vista Capital.

BQP Use of Funds

BQP plans to use the capital to support the expansion of its BQPhy platform as it transitions from engineering design applications into operational decision-making functions.

About BQP

Founded by CEO Abhishek Chopra, BQP develops physics-AI optimization software that bridges high-performance computing with hybrid quantum-classical infrastructure. Its BQPhy platform allows engineers to perform complex physics simulations more efficiently by leveraging under-used GPU capacity.

Funding Details

Company Website: https://bqpsim.com

Company: BQP
Raised: $8M
Funding Date: September 2, 2026
Lead Investor: IBM Ventures
Additional Investors: Venn10 Capital, Monta Vista Capital
Software Category: Physics-acceleration software
Source: https://www.eenewseurope.com/en/ibm-ventures-bqp-quantum-software-expansion/