Quantum computing startup BosonQ Psi raises pre seed round

BosonQ Psi, a quantum based enterprise SaaS software venture, has raised $525K in pre-seed funding led by 3to 1 capital. Prominent industry leaders such as Abhay Tandon, Vijay Sethi, Chandan Chowdhury, Saptroshi Hore, Neeraj Khandewal, Ankur Jain, Vijay Rajagopal, Abhishek Sureka, Shankar Rachakonda, and Anand Reddy also participated in the round.

The Delhi-based startup is a software venture that leverages the power of quantum computing to perform simulations. The startup builds simulation capabilities utilising a hybrid infrastructure of quantum computers and high performance computers (HPC) to highlight near term value additions to its customers.

Founded by Abhishek Chopra, Rut LIneswala, and Jash Minocha, BosonQ Psi will utilise this fund to accelerate product development and expand in Asia, North America and Europe to address the product’s growing demand. In addition, the startup will invest the funds to hire international talent across tech, sales and marketing teams.

BosonQ Psi (BQP) seems to be an interesting startup with spurring new development on software development platform. I’m certain this startup would keep on flourishing in its excursion ahead. My best wishes to the entire team of BosonQ Psi (BQP). This will give them tremendous achievements in the future.

Shishir Gupta, Founder and CEO, StartupLanes

Don’t keep wondering about funding, you can also raise funds. Learn how to raise funds here: Yes I want to raise funds.

If you are an emerging startup and are looking for investors to raise funds, StartupLanes has its own angel network and investment banking services and is connected to angel investors and VCs in 15 countries that ensure that our member startups have easy access to external funds to scale up constantly.

You can subscribe to our news posts by entering your email in the box on the right side of this page.

Check out our YouTube channel for insightful content from the Indian startup ecosystem.

Or join our Whatsapp group to interact with other founders: Yes, I want to join the Whatsapp group.

The right investment is key to beating inflation and growing your wealth. Do you wish to become an angel investor? Yes, I want to be an angel investor.

Are you a startup and facing challenges in your business? Do you want to grow your business? It is not as difficult as it sounds. Learn how to grow your business here- Yes, I want to grow my business.