Quanscient
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Founders
About
Quanscient is a Tampere, Finland-based deep-tech company building a cloud-based multiphysics simulation platform that combines classical, AI, and quantum algorithms for hardware engineering 12. The company was founded in 2021 by Juha Riippi, Alexandre Halbach, Asser Lähdemäki, and Valtteri Lahtinen 1. Its platform targets industrial customers in semiconductors, electric mobility, and other hardware sectors that depend on multiphysics simulation to evaluate large, complex design spaces 1.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2024-11 | Seed | €5.2M | Crowberry Capital | Maki.vc, QAI Ventures, First Fellow Partners 3 |
| 2026-05-26 | Series A | €10M | 55 North, B&C Group | Maki.vc, Crowberry Capital, QAI Ventures, First Fellow Partners 12 |
What Investors Say
“Engineering teams are under pressure to explore much larger design spaces and more complex physics than legacy tools were built for.”
— Helmut Katzgraber, 55 North, on the Series A round 1
“We see technologies like these as key to strengthening Europe’s industrial innovation capacity in the long term.”
— Julia Reilinger, B&C Group, on the Series A round 1
What Founders Say
“AI will not transform hardware engineering unless simulation itself is rebuilt for it.”
— Juha Riippi, Co-Founder & CEO, on the €10M Series A 1
“Industrial competitiveness depends on both speed and accuracy. The architecture we’ve built for cloud and quantum simulation is also the foundation for an entirely new category of AI.”
— Juha Riippi, Co-Founder & CEO, on the €10M Series A 1
Sources
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Quanscient, “Quanscient raises €10M – leads the shift to quantum- and AI-native hardware engineering,” May 26, 2026, accessed May 2026. https://quanscient.com/news/quanscient-raises-10m-leads-the-shift-to-quantum-and-ai-native-hardware-engineering↩↩↩↩↩↩↩↩
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EU-Startups, “Finland’s Quanscient raises €10 million to scale its multiphysics simulation platform for the AI era,” May 2026, accessed May 2026. https://www.eu-startups.com/2026/05/finlands-quanscient-raises-e10-million-to-scale-its-multiphysics-simulation-platform-for-the-ai-era/↩↩
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EU-Startups, “Tampere-based Quanscient secures €5.2 million to bring engineering simulation into the quantum era,” November 2024, accessed May 2026. https://www.eu-startups.com/2024/11/tampere-based-quanscient-secures-e5-2-million-to-bring-engineering-simulation-into-the-quantum-era/↩