About Quanscient
Quanscient is a company based in Tampere (Finland) founded in 2021.. Quanscient has raised $9.94 million across 4 funding rounds from investors including Business Finland, Maki.vc and Crowberry Capital. Quanscient offers products and services including Quanscient Allsolve. Quanscient operates in a competitive market with competitors including 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others.
- Headquarter Tampere, Finland
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.94 M (USD)
in 4 rounds
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Latest Funding Round
$5.66 M (USD), Series A
Nov 05, 2024
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Investors
Business Finland
& 4 more
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Employee Count
Employee Count
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Products & Services of Quanscient
Quanscient offers a comprehensive portfolio of products and services, including Quanscient Allsolve. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud platform for advanced multiphysics simulations in engineering.
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Funding Insights of Quanscient
Quanscient has successfully raised a total of $9.94M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.66 million completed in November 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $5.7M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series A - Quanscient | Valuation | Crowberry Capital | |
| Apr, 2023 | Amount | Seed - Quanscient | Valuation | Maki |
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| Apr, 2023 | Amount | Debt – Conventional - Quanscient | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Quanscient
Quanscient has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Business Finland, Maki.vc and Crowberry Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A venture capital firm based in Helsinki, Finland, is operated.
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A Nordic venture capital firm investing in tech startups.
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Venture capital investments are made in early-stage tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Quanscient
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Quanscient
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Quanscient Comparisons
Competitors of Quanscient
Quanscient 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 2nd Watch, Crayon, Megazone Cloud, All Cloud and Ukcloud, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Public cloud workload management tools and services are provided.
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Crayon is involved in unspecified business activities.
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AWS cloud services are provided, including consulting, deployment, and management.
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Services for the development and support of cloud-based applications
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Cloud services in PaaS, SaaS, and IaaS are provided.
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Cloud-based virtual classroom platform for enterprises
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quanscient
Frequently Asked Questions about Quanscient
When was Quanscient founded?
Quanscient was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Quanscient located?
Quanscient is headquartered in Tampere, Finland.
Is Quanscient a funded company?
Quanscient is a funded company, having raised a total of $9.94M across 4 funding rounds to date. The company's 1st funding round was a Seed of $4.27M, raised on Apr 20, 2023.
What does Quanscient do?
Quanscient was founded in 2021 in Tampere, Finland, as a provider in the quantum computing sector. A cloud-based platform and API are offered to support custom simulation solutions for diverse applications. These include designs in electromagnetic, mechanical, and aerodynamic fields. Operations focus on enabling quantum computing advancements through accessible, scalable tools for developers and researchers.
Who are the top competitors of Quanscient?
Quanscient's top competitors include Crayon, Megazone Cloud and All Cloud.
What products or services does Quanscient offer?
Quanscient offers Quanscient Allsolve.
Who are Quanscient's investors?
Quanscient has 5 investors. Key investors include Business Finland, Maki.vc, Crowberry Capital, First Fellow Partners, and Speen Holdings.
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