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Quanscient Secures €10 Million ($11.6 Million USD) Series A to Expand Cloud-Native Multiphysics and Quantum Simulation Platform

Quanscient has closed a €10 million ($11.6 million USD) Series A funding round to expand its international operational footprint and accelerate the development of its cloud- and quantum-powered multiphysics simulation platform. The financing round was co-led by Danish quantum investment fund 55 North and Austrian industrial tech investor B&C Group. The transaction also saw full re-participation from existing venture backers, including Maki.vc, Crowberry Capital, QAI Ventures, and First Fellow Partners. The capital injection targets a major bottleneck in conventional hardware engineering, where legacy high-performance computing (HPC) simulation tools force developers to rely on slow, iterative, and costly physical prototyping workflows.