QNu Labs raises ₹200 crore in Series A1 from NQM, Speciale Invest & others to scale R&D, expand markets
NEW DELHI: Homegrown QNu Labs on Wednesday said it has raised ₹200 crore in a Series A1 round led by the National Quantum Mission (NQM) and Speciale Invest with participation from Sony Innovation Fund, Gaja Capital, and Artha Ventures, among other investors.
QNu said in a statement that the fresh capital will be deployed to accelerate R&D, deepen its 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).
