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Quanscient

Category: AI Infrastructure

Cloud-native multiphysics simulation platform that generates physics data for AI-driven hardware engineering, with quantum algorithm R&D Quanscient was founded in 2021. The company is led by Juha Riippi. Based in Tampere, Finland. Team size: 40. Total funding raised: $21M. Latest round: Series A. Key investors include 55 North; B&C Group; Crowberry Capital; Maki.vc; First Fellow Partners; QAI Ventures; Speen Holding.

Founded
2021
Headquarters
Tampere, Finland
Team size
40
Total funding
$21M

Value proposition

Cloud-native multiphysics simulation platform built for the AI era — 100x faster than legacy desktop solvers, Python-native and LLM-agent programmable, generates high-volume physics data for training surrogate AI models, enabling hardware R&D to shift from trial-and-error to data-driven design

Products and solutions

Quanscient Allsolve (cloud-native multiphysics FEM solver); MultiphysicsAI SDK (physics-aware AI surrogate model training); Quantum Labs (QLBM quantum algorithm research for CFD); Sparselizard (open-source C++ FE library)

Unique value

The first CAE platform combining cloud-native multiphysics solvers, AI surrogate modeling (MultiphysicsAI), and quantum algorithm R&D — delivering 100x speedup, LLM-agentic control, and millisecond design predictions grounded in physics

Target customer

Hardware engineering R&D teams in medical devices, consumer electronics, automotive, aerospace, energy, and semiconductor industries

Industries served

Medical devices; Consumer electronics; Automotive; New space / Aerospace; Energy (fusion); Semiconductors; Defense

Technology advantage

Cloud-native FEM solver with domain decomposition enabling thousands of parallel simulations; 100% Python-native programmatic control with LLM-agent friendly API; MultiphysicsAI surrogate models delivering millisecond design predictions; First to run CFD simulation on real quantum hardware; 7 patents filed on quantum simulation methods; Open-source Sparselizard library foundation

How they differentiate

Cloud-native architecture (not desktop-installed) enables unlimited parallel simulations; Python-native with LLM-agent API unlike legacy GUI-only tools; 100x faster runtime; integrated AI surrogate modeling (MultiphysicsAI) for millisecond predictions; forward-looking quantum algorithm R&D on real quantum hardware

Main competitors

COMSOL Multiphysics; Ansys; legacy on-premise CAE platforms

Key partnerships

AWS (Amazon Braket quantum); NVIDIA; Intel (Intel Ignite alumni); IBM; IQM (quantum hardware); Haiqu (quantum middleware collaboration); Quantinuum; IonQ; Airbus; Embraer

Notable customers

Albis Optoelectronics (Switzerland); skyTran (maglev transit); GSS Audio (Germany); Infineon; kiutra; Teraloop; Fortune 100 companies in Europe, North America, and Japan

Major milestones

2021-09: Company founded; 2022-04: First end-to-end simulation run on UI; 2022-12: First product version (Allsolve) launched; 2023-04: €3.9M Seed round led by Maki.vc; 2024-11: €5.2M growth funding led by Crowberry Capital; 2024-11: First in world to run CFD simulation on real quantum hardware; 2025-02: Acquired Kogsys (wave-propagation simulation); 2025-07: Collaboration with Haiqu on Amazon Braket quantum CFD; 2026-05: €10M Series A led by 55 North and B&C Group

Growth metrics

40+ employees from 15 countries; 1000s of parallel cloud simulations; 100x runtime acceleration over desktop tools; Customers across Europe, North America, and Japan

Market positioning

First-mover in cloud-native + quantum-powered multiphysics simulation, competing with legacy on-premise CAE platforms (COMSOL, Ansys) by offering 100x faster cloud-scalable simulation with AI and quantum integration

Geographic focus

Global — operational in Europe, North America, and Japan

Patents and IP

7 patents filed covering novel quantum simulation and lattice-based methods (QLBM)

About Juha Riippi

Ex-Vincit Senior Consultant (12+ years, helped grow from 20 to 650+ employees, led US expansion); Ex-Topaasia; 16 years in software consulting; Tampere University of Technology

Official website: