Quantum cybersecurity company QNu Labs has raised Rs 200 crore in a Series A1 round led by the National Quantum Mission and deep-tech venture capital firm Speciale Invest.
Sony Innovation Fund, which invests in technology businesses with strategic relevance to Sony and global potential, Gaja Capital, which backs India-focused mid-market businesses, and Artha Ventures, which supports early-stage Indian startups, also participated.
The Bengaluru-based company said the round takes its total capital raised to Rs 375 crore.
QNu plans to use the new capital to increase research and development, expand sales and go-to-market operations in India and overseas, and broaden its technology stack into quantum sensing and artificial intelligence.
Part of the funding will also go towards the company’s contribution to an approved Research, Development and Innovation project aimed at building the technology backbone for India’s Quantum Secure and Sensing Networks.
