Quanscient bags 5.2M for its multiphysics simulation platform - Silicon Canals
Briefly

With our new funding, we'll continue to make breakthroughs in quantum algorithms. We're set to revolutionise simulations by integrating our pioneering quantum algorithms within the next few years, transforming the future of engineering and pushing the boundaries of what's possible, said Juha Riippi, co-founder and CEO of Quanscient.
Founded in 2021 by Juha Riippi, Alexandre Halbach, Asser Lähdemäki, and Valtteri Lahtinen, Quanscient has built the world's first multiphysics simulation platform that uses cloud-native multiphysics solvers, advanced cloud computing, and aims for future quantum integration.
The company's multiphysics simulation platform speeds up product development, saving time and money. It helps companies launch innovative technologies, like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace.
Quanscient uses quantum algorithm development to address the growing demand for advanced solutions in highly complex R&D. They plan to release their first quantum product pilot in early 2025.
Read at Silicon Canals
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