Bengaluru’s QNu Labs Raises ₹200 Cr in Series A1 Round

Bengaluru-based quantum startup QNu Labs has raised ₹200 crore in its Series A1 funding round. The National Quantum Mission and Speciale Invest led the round with participation from Sony Innovation Fund, Gaja Capital and Artha Ventures.

The company will use the funds to expand research and development, sales and market operations. It will also support QNu Labs’ contribution to India’s Quantum Secure and Sensing Networks project. The company plans to expand its technology into quantum sensing and AI.

Sunil Gupta, Co-Founder of QNu Labs, said India moved early in the quantum era and the National Quantum Mission helped lay the foundation for commercial deployment.

The latest round takes QNu Labs’ total capital raised to ₹375 crore. The funding comes as governments and enterprises prepare for quantum-safe infrastructure. India’s National Quantum Mission has set 2029 as its implementation timeline.

The company said quantum computing and AI could challenge existing encryption systems. Organisations are therefore evaluating cryptographic technologies designed to withstand future quantum and AI attacks.

Gupta added that the company had deployed its technology across government, critical infrastructure and BFSI. He also said around 80% of the round came from new global investors, describing this as a signal of growing global interest in quantum-safe security.

Sony Innovation Fund Director and Head of Sony Ventures India Yoko Fukata said the fund was investing across India’s deep tech sector. She said it would collaborate with QNu Labs as the company expands globally.

QNu Labs said the funds will help scale its quantum-safe cybersecurity solutions across India and global markets. The company also plans to increase deployments across critical sectors. A part of the funding will serve as QNu Labs’ contribution to an approved RDI-funded project. The project will build the technology backbone for India’s Quantum Secure and Sensing Networks.

Gaja Capital Co-Founder and Managing Partner Gopal Jain said quantum-safe security was becoming national infrastructure. He compared its importance to power and transport in the physical economy.

“What attracted us is that the science is done and the demand curve is turning,” Jain said, adding that the company’s focus had now shifted towards scaling.

Moreover, Ravindra Barlingay, CEO of IITM C-DOT Samgnya Technologies Foundation, said the National Hub for Quantum Communication led the investment round.