Bengaluru-Based QNu Labs Secures ₹60 Crore Funding to Accelerate Quantum Research
QNu Labs, a Bengaluru-based leader in quantum cybersecurity, has completed its series A funding round, raising ₹60 crore. The round was led by the National Quantum Mission (NQM) and includes investments from Lucky Investment, Speciale Invest, Tenacity Ventures, and Singularity AMC. The funding will be used to accelerate QNu’s research and development, expand its operations, and scale its Quantum Security-as-a-Service platform globally. QNu Labs, which specialises in quantum-safe communications, is known for its patented technologies, including Quantum Key Distribution (QKD), Quantum Random Number Generation (QRNG), and Post-Quantum Cryptography (PQC). The company’s solutions are deployed across critical sectors, including defence, finance, telecom, and healthcare. With the new capital, QNu plans to expand its platform, QShield, which was recently launched on World Quantum Day. “This support accelerates our mission to create a quantum-secure digital future and reinforces India’s position as a leader in the global quantum technology space,” said Sunil Gupta, CEO and co-founder of QNu Labs. QNu Labs is one of the few startups globally to offer commercially viable quantum-safe cybersecurity solutions. As quantum threats transition from theoretical to practical, the company’s technology is designed to protect sensitive data against both classical and future quantum attacks. The NQM’s participation highlights India’s growing commitment to becoming a leader in quantum technology. “QNu Labs represents deep-tech innovation that solves complex global problems, positioning India as a serious player in the global quantum race,” stated Vishesh Rajaram, managing partner at Speciale Invest. With growing interest from the government and strategic investments, QNu Labs is set to strengthen its leadership in the evolving field of quantum cybersecurity. In February, the Union Budget 2025 allocated ₹600 crore to the National Quantum Mission (NQM). This allocation marks a significant increase from the ₹86 crore allocated last year, following a significant reduction from an initially proposed ₹427 crore. The mission, initially approved by the Union Cabinet on April 19, 2023, has a total allocation of ₹6,003.65 crore over an eight-year period. Its goal is to advance India’s capabilities in emerging quantum technologies.
QNu Labs is one of the few startups globally to offer commercially viable quantum-safe cybersecurity solutions.
QNu Labs is one of the few startups globally to offer commercially viable quantum-safe cybersecurity solutions.
["Bengaluru", "quantum"]
["Go", "API", "funding", "programming_languages:R", "AI", "innovation", "programming_languages:Go", "Git", "quantum", "Bengaluru", "R", "startup"]
["AI", "R", "Go", "Git", "API", "innovation", "startup", "funding", "programming_languages:R", "programming_languages:Go"]
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