BQP, a physics acceleration company, has received a strategic investment from IBM Ventures, IBM’s venture capital arm. The investment brings BQP’s total funding to $8 million and will support the expansion of its flagship platform, BQPhy®, from engineering-design applications into real-time operational use.
Venn10 Capital and existing investor Monta Vista Capital also participated in the round. The investment extends a relationship between the two companies that began in 2023, when BQP joined the IBM Quantum Network.
What BQP does
BQP’s core pitch addresses a bottleneck in physics simulation: classical solvers leave roughly 85% of a GPU’s floating-point capacity idle, because the sparse iterative methods underlying most simulations are limited by memory access rather than raw compute power. As a result, engineering teams have typically had to choose between accurate models that return results too late to be useful, or faster methods that meet deadlines by simplifying the underlying physics — a trade-off that can leave hidden risk masked by over-engineered safety margins.
BQPhy is designed to close that gap, using GPU capacity that classical solvers leave unused to resolve full-fidelity physics within operational decision windows. The platform runs on two solvers under a single SDK, is integrated natively into MATLAB as a MathWorks Connections Program partner, and offers standard APIs for Python, Julia, and other frameworks, allowing engineers to use it within existing toolchains.
One component, QuantumNOW, is already in production on customers’ existing CPU and GPU infrastructure. A second, QuantumMAX, is a quantum-native solver still in development, built for execution across a mix of CPU, GPU, and QPU hardware rather than a single hardware target. According to BQP, each QuantumNOW deployment identifies which problems are suited to QPU processing, positioning QuantumMAX as an incremental extension of existing deployments rather than a separate bet.
Growth since its 2025 seed round
BQP said contracted and committed revenue has grown 8x, and its customer base has tripled, since its 2025 seed round, which was backed by New York State’s venture arm and other institutional investors. Platform users have grown 20x over the same period, the company said.
Where the technology is being used
BQP’s most developed work is in aerospace and defense, particularly space applications. Under an SBIR contract with the U.S. Space Force and SpaceWERX — extending earlier work with the SDA TAP Lab — BQPhy propagates a catalog of more than 3,000 space objects in under a second, which the company says is roughly 250 times faster than the open-source Orekit solver, achieved by compressing the model using proprietary algorithms.
BQP also holds a Cooperative Research and Development Agreement (CRADA) with the Air Force Research Laboratory’s Aerospace Systems Directorate, and has demonstrated BQPhy on radio-frequency signal problems for tactical-edge applications with NavalX. In a project with Modovolo, BQP built a system-level propulsion optimization for UAV mission profiles, expanding the model from three design variables to more than twelve and tuning propeller and motor as a single unit; the company says integration took roughly one week through its API.
Outside defense, BQP is applying the same platform to energy applications, including EV battery thermal-management work funded by India’s Ministry of Heavy Industries and the Indian School of Business. The company notes the same underlying engine used to model satellite trajectories is also used to model heat movement through battery packs or data-center racks — different industries relying on similar high-dimensional physics problems that must be resolved within tight decision windows.
In research presented at USNC/TAM 2026, BQP ran QuantumMAX on quantum hardware for uncertainty quantification in computational fluid dynamics, reaching accuracy comparable to classical Monte Carlo methods using fewer samples on a benchmark-scale problem. The company’s research has also been published in IEEE, AIAA, and APL Quantum, and received best paper awards at AeroCon 2026 and the IEEE Space, Aerospace and Defence Conference (SPACE 2026).
Abhishek Chopra, Founder and CEO of BQP, framed the company’s approach as a rethinking of where the industry’s bottleneck actually sits:
“An engineer with a deadline doesn’t care where the answer came from. They care that it arrived in time and that the physics is right. The industry spent years treating this as a hardware problem that warranted faster chips, more of them, and eventually a quantum one. But it was always a software problem.”
He added: “We spent those years earning our way into engineering workflows, so when the quantum machines are ready, nothing about how those teams work has to change. That’s the path IBM has watched us build since 2023, and this investment says it’s the right one.”
Emily Fontaine, Global Head of IBM Ventures, said the firm’s decision to invest was tied to BQP’s approach to integration rather than disruption of existing workflows:
“What stood out with BQP is that users don’t have to change how they work to get quantum-accelerated results. Their proven track record of developing software that helps enterprises build a practical path toward hybrid quantum-classical computing is what gives IBM Ventures confidence in making this investment.”

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