Quanscient lands €10M Series A to advance AI- and quantum-native hardware engineering
Quanscient, a Finnish startup building cloud-based multiphysics simulation technology, has raised €10M in a Series A round. The funding was led by 55 North and B&C Group, with existing backers Maki.vc, Crowberry Capital, QAI Ventures, and First Fellow Partners joining in.
The company will use the capital to expand internationally and develop its platform, which combines simulation, quantum algorithms, and AI to accelerate hardware engineering.
AI has transformed software development, but hardware engineering still relies on slow, complex simulation processes. According to Quanscient, many engineers simplify physics models just to keep runtimes manageable — limiting accuracy and effectiveness.
Existing AI models also struggle to represent real-world physics because they lack access to high-quality multiphysics data. Quanscient's platform aims to fix this by making simulation code-driven and cloud-scalable, generating the volumes of physics data AI systems need to improve.
"By making multiphysics code-driven and cloud-scalable, we generate the volume of physics data that AI needs, turning simulation from a bottleneck into the engine of data-driven design," said co-founder and chief executive officer Juha Riippi.
Quanscient is betting on quantum-ready simulation at a time when practical quantum computing remains years from maturity. Convincing risk-averse industries like aerospace and automotive to adopt a fundamentally new simulation approach is no small ask.
The company also faces competition from established simulation giants like Ansys and Siemens, which are integrating their own AI capabilities into entrenched platforms with deep customer relationships.
Quanscient's Series A arrives as simulation software increasingly becomes a strategic battleground — incumbents like Ansys and Siemens are bolting AI onto legacy architectures, while early-growth startups like Quanscient are building cloud- and quantum-native stacks from scratch. The involvement of B&C Group, a corporate investor, alongside specialist funds such as QAI Ventures and Nordic backers Maki.vc and Crowberry Capital, suggests industrial buyers already see code-driven, scalable simulation as a competitive necessity rather than a nice-to-have.
Read more: Tech.eu
