BosonQ Psi

Bhilai, India Founded: 2020 • Age: 6 yrs
Provides quantum algorithms for faster simulations in aerospace and defense sectors.
Annual revenue - Latest available
Total funding $3.5M 2 rounds
Employees 1 Tracked headcount
Investors 15 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About BosonQ Psi

BosonQ Psi is a company based in Bhilai (India) founded in 2020 by Abhishek Chopra, Rut Lineswala, Jash Minocha, and Hassan Azmat. It operates as a SaaS and B2B. BosonQ Psi has raised $3.55 million across 2 funding rounds from investors including Paradigm Shift Capital, O2 Angels Network and 3to1 Capital. The company has 1 employees as of March 31, 2023. BosonQ Psi offers products and services including BQPhy® Optimization Solver, BQPhy® Physics Solver, and BQPhy® Data Driven Solver. BosonQ Psi operates in a competitive market with competitors including Altair, ZWSOFT, dSPACE, PhaseCraft and SimScale, among others.

  • Headquarter Bhilai, India
  • Employees 1 as on 31 Mar, 2023
  • Founders Abhishek Chopra, Rut Lineswala, Jash Minocha, Hassan Azmat
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Bosonq Psi Private Limited
  • Date of Incorporation 04 Sep, 2020
  • Jurisdiction Bhilai, Chattisgarh, India
Operational Areas
Technology → Quantum & Emerging Technologies Unlock Sub-Sector Unlock Segment
Technology → Software Development & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    -$311.5 K (USD)
    -1313.59
    as on Mar 31, 2023
  • EBITDA
    -$220.77 K (USD)
    -891.06
    as on Mar 31, 2023
  • Total Equity Funding
    $3.55 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.02 M (USD), Series A

    Oct 29, 2024

  • Investors
  • Employee Count
    1

    as on Mar 31, 2023

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Products & Services of BosonQ Psi

BosonQ Psi offers a comprehensive portfolio of products and services, including BQPhy® Optimization Solver, BQPhy® Physics Solver, and BQPhy® Data Driven Solver.

Product name locked
Category locked
Primary

Tool for optimizing complex simulations with quantum algorithms.

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Solver for physics-based simulations to enhance accuracy.

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Solver using data-driven methods for advanced computations.

People of BosonQ Psi

Headcount 10-50
Employee Profiles 22
Board Members and Advisors 7
Employee Profiles
People
Rohan Sahgal
Senior General Manager- Finance And Product Intelligence
People
Rut Lineswala
Founder & CTO
People
Jash Minocha
Founder & COO
People
Abhishek Chopra
Founder, CEO & CSO

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Board Members and Advisors
people
Vijay Sethi
Independent Director
people
Chandan Chowdhury
Advisor
people
Morgan Polotan
Advisor

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Funding Insights of BosonQ Psi

BosonQ Psi has successfully raised a total of $3.55M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.02 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in BosonQ Psi

BosonQ Psi has secured backing from 15 investors, including venture fund and angel investors. Prominent investors backing the company include Paradigm Shift Capital, O2 Angels Network and 3to1 Capital.

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Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage tech-focused VC firm investing in geographies such as the US
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Seed-stage venture capital focused on enterprise AI, intelligent software, and cloud technologies.
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Early-stage startups are supported with capital and mentorship by Armory Square Ventures.
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Investor details for BosonQ Psi

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Investments & Acquisitions by BosonQ Psi

Investments
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Investment portfolio details for BosonQ Psi

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Financial Statements - BosonQ Psi

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Detailed financials for BosonQ Psi

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Bosonq Psi Comparisons

BosonQ Psi Primary company
Description
Provides quantum algorithms for faster simulations in aerosp...
Location
Bhilai, India
Founded Year
2020
Annual Revenue
Not available
Net Profit
-$311.5 K (USD)
EBITDA
-$220.77 K (USD)
Employees
1
As of 2023
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Peer comparison for BosonQ Psi

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Competitors of BosonQ Psi

BosonQ Psi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Altair, ZWSOFT, dSPACE, PhaseCraft and SimScale, among others.

Company Name Domain Founded year HQ Location Description
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AI-powered data science platform enables model deployment and analytics insights.
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CAD/CAM software solutions for design and product development are provided.
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Provider of engineering tools for developing and testing mechatronic control systems
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Quantum simulation systems are provided for materials and chemical reactions.
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Cloud-based simulation software
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Provide 3D designing softwares for developers
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Detailed competitors of BosonQ Psi

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Latest news on Bosonq Psi

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Complete news archive for BosonQ Psi

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Frequently Asked Questions about BosonQ Psi

BosonQ Psi was founded in 2020 and raised its 1st funding round 2 years after it was founded.

BosonQ Psi is headquartered in Bhilai, India. It is registered at Bhilai, Chhattisgarh, India.

Abhishek Chopra is the current CEO of BosonQ Psi. They have also founded this company.

BosonQ Psi is a funded company, having raised a total of $3.55M across 2 funding rounds to date.

As of Mar 31, 2023, the latest employee count at BosonQ Psi is 1.

BosonQ Psi creates advanced quantum-inspired simulation algorithms to optimize complex processes, reducing computation time and costs for industries like aerospace and defense. They integrate these solvers into existing workflows, enabling faster innovation without overhauls. Based in Syracuse, NY, USA, and Bangalore, India, they serve global businesses across multiple sectors, focusing on high-performance computing solutions.

BosonQ Psi's top competitors include Altair, ZWSOFT and SimScale.

BosonQ Psi offers BQPhy® Optimization Solver, BQPhy® Physics Solver, and BQPhy® Data Driven Solver.

BosonQ Psi has 15 investors. Key investors include Paradigm Shift Capital, O2 Angels Network, 3to1 Capital, Monta Vista Capital, and Emergent Ventures.

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