Quantum-safe cybersecurity startup QNu Labs has raised ₹200 crore in its Series A1 round, led by the National Quantum Mission and Speciale Invest, with participation from Sony Innovation Fund, Gaja Capital, and Artha Ventures.
The round takes QNu Labs’ total capital raised to ₹375 crore. The investment comes at a pivotal time as governments and enterprises worldwide prepare for the transition to quantum-safe infrastructure.
The fresh capital will be deployed to accelerate R&D, deepen QNu Labs’ technology leadership, and scale its sales and go-to-market capabilities across India and global markets.
A part of this funding will be used as QNu’s contribution towards the approved project funded under RDI to build the Technology backbone of India’s Quantum Secure and Sensing Networks (IQSN). The investment will enable the company to further extend its quantum-safe technology stack by expanding into quantum sensing and AI, stretching deployments across critical sectors.
Sunil Gupta, Co-founder, QNu Labs said, “Investment in indigenous capability now gives India a clear opportunity: secure its expanding digital infrastructure with sovereign technology that meets global standards and competes in global markets.”
Founded in 2016, the IIT-Madras incubated startup has demonstrated a 1,000 km QKD network — one of the world’s longest — in less than two years, under the the government-funded National Quantum Mission (NQM), QNu Labs recently.