• BQP Raises $5 Million Seed Round for Quantum Simulation Expansion
• ANNY Bags Rs 10 Crore Pre-Series A to Scale Real-Time Fashion Tech
• Candi Solar Secures $24 Million to Power Growth in India & Africa
• Netrasemi Attracts Rs 107 Crore Series A for On-Device AI Chips
• EatClub Raises Rs 185 Crore Growth Round Led by Tiger Global

The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, and Chemical Manufacturing & Digital Entertainment. It marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, and others.

Funding News: Quantum Twin Startup BQP Raises $5 Million in Oversubscribed Seed Round

Startup: BQP (BosonQ Psi)

Founder: Abhishek Chopra, Jash Minocha, Rut Lineswala

About us: BQP is an early-stage startup specializing in dual-use quantum-accelerated simulation software. Its flagship platform, BQPhy, delivers up to 10X faster simulations using quantum-inspired probabilistic algorithms and is designed for hybrid computing environments (CPUs, GPUs, and future quantum processors).

Founded Year: 2020

Office: Bengaluru, India

Sector: Software Development

Funding Round: Seed Round

Investors: Monta Vista Capital

Also Read: India's Startup future from Unicorns to Cooperative Udyogs

BQP, an early-stage startup that develops dual-use quantum-accelerated simulation software, has secured about $5 million in an over-subscribed seed capital raise. The funding will go towards its growth engine digital twin platform, BQPhy, into high-stakes industries such as aerospace, defense, and semiconductors.

The funding round is led by Monta Vista Capital and takes BQP's overall funding to $6.6 million. Some of the other prominent investors are New York Ventures (venture capital arm of Empire State Development), Arc Ventures, Armory Square Ventures, Emergent Ventures, Alumni Ventures, and returning investors such as Paradigm Shift Capital and the Griffiss Institute, among a group of angel investors.

Website: https://www.bqpsim.com/