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Venture Capital News: BQP Scores Strategic Investment

2026-09-02
SYRACUSE, NY, BQP, the physics acceleration company, announced a strategic investment from IBM Ventures.
BQP, the physics acceleration company, announced a strategic investment from IBM Ventures, the venture capital arm of IBM. The investment brings BQP's total funding to $8M and funds BQPhy's expansion from engineering design into operational deployment, scaling delivery and go-to-market as BQP expands beyond aerospace and defense.

Venn10 Capital and existing investor Monta Vista Capital also participated. Since its 2025 seed round, backed by New York State's venture arm and other institutional investors, BQP has grown contracted and committed revenue 8x, tripling its customer base and growing platform users 20x.
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