Insider Brief
Finnish quantum and simulation company Quanscient raised €10 million in Series A funding to expand internationally and advance a platform combining multiphysics simulation, quantum algorithms and AI-driven hardware engineering.
The funding round was led by 55 North and B&C Group, with participation from existing investors including Maki.vc and QAI Ventures.
Quanscient said its cloud-native simulation platform can reduce engineering runtimes by up to 99% and help industries such as aerospace, energy and automotive accelerate product development while reducing reliance on physical prototypes.
PRESS RELEASE — Finnish technology company Quanscient, a leader in cloud-based multiphysics simulation technology and quantum algorithms, today announces a €10 million Series A funding round to accelerate its international expansion and strengthen its position as a leader in multiphysics simulations, quantum algorithms and AI-native hardware engineering. The round was led by Danish quantum fund 55 North and Austrian industrial investor B&C Group with full re-participation from existing investors Maki.vc, Crowberry Capital, QAI Ventures, and First Fellow Partners.
