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. Technical [...]

Quanscient will use new funding to expand internationally and advance its cloud-based simulation platform designed to support AI-driven hardware engineering and faster product…

Finland’s Quanscient has closed a €10M Series A led by Denmark’s 55 North and Austria’s B&C Group to scale its cloud multiphysics platform for hardware engineering.