HomeFinlandQuanscient Raises €5.2M in Funding

Quanscient Raises €5.2M in Funding

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quanscient

Quanscient, a Tampere, Finland-based technology company developing cloud-and-quantum-powered multiphysics simulation software, raised €5.2M in funding.

The round was led by Crowberry Capital and joined by Speen Holding and follow-on investments from Maki.vc and First Fellow.

The company intends to use the funds to expand operations and its business reach.

Founded by Juha Riippi, Alexandre Halbach, Asser Lähdemäki, and Valtteri Lahtinen in 2021, Quantum provides a multiphysics simulation platform that enables faster, better product development for companies building technologies such as fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace.

The platform integrates a combination of cloud-native multiphysics algorithms, advanced cloud computing, and future quantum integration, boosting simulation capacity.

Quanscient partners with industry leaders in cloud computing and quantum algorithms, such as AWS, Intel, IBM, and NVidia as well as many quantum hardware companies such as IQM.

FinSMEs

05/11/2024

THE DAILY NEWSLETTER - SIGNUP