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Home > Startups > Funding > QNu Labs raises ₹60 crore in Series A funding led by the National Quantum Mission

QNu Labs raises ₹60 crore in Series A funding led by the National Quantum Mission

Founded in 2016 by Sunil Gupta, Srinivasa Rao Aluri, Mark Mathias, and Anil Prabhaka, QNu Labs focuses on building encryption and cybersecurity solutions that leverage the principles of quantum physics.

Abhinav Kumar Singh
Last updated: May 4, 2025 12:46 AM
By Abhinav Kumar Singh
QNu Labs raises ₹60 crore in Series A funding led by the National Quantum Mission
QNu Labs raises ₹60 crore in Series A funding led by the National Quantum Mission
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QNu Labs, a quantum cybersecurity startup, has raised ₹60 crore in a Series A funding round led by the National Quantum Mission (NQM), a Department of Science and Technology initiative, which contributed ₹25 crore.

The round also saw participation from Lucky Investment, Speciale Invest, Tenacity Ventures, Singularity AMC, and HDFC Fund.

With this round, QNu Labs has raised $20 million to date.

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The startup plans to deploy the fresh proceeds to scale up its commercial operations, enhance its research and development (R&D) efforts build strategic global partnerships focused on secure communication technologies and talent acquisition.

Founded in 2016 by Sunil Gupta, Srinivasa Rao Aluri, Mark Mathias, and Anil Prabhaka, QNu Labs focuses on building encryption and cybersecurity solutions that leverage the principles of quantum physics. The company has developed key products like Tropos (Quantum Random Number Generator), Armos (Quantum Key Distributor), and Hodos (Quantum Secure Network Layer), which are designed to protect sensitive data against quantum-enabled threats.

QNu Labs offers commercially available Quantum Key Distribution (QKD) technology, a critical component in building quantum-resilient networks. These products are already being piloted across sectors such as defence, finance, and telecom.

“This investment by the National Quantum Mission is a resounding endorsement of our mission to build a secure digital future with indigenous quantum technologies. It reflects the government’s confidence in our capabilities and underscores India’s strategic commitment to becoming a global quantum powerhouse,” said Sunil Gupta, Co-founder, CEO, QNu Labs.

Aluri Srinivasa Rao, Chairman, Co-founder, said, “India’s DeepTech revolution is empowering cybersecurity innovation. At QNu, we are proud to lead the charge. We are honoured to partner with NQM and our Series A investors who share our passion for innovation and vision of a quantum-secure digital future.”

“QNu Labs represents deeptech at its purest—solving complex, global problems with first-principle thinking and long-term conviction. As one of our earliest investments, we’ve seen the team build patiently, layer by layer, a quantum security stack that’s truly world-class. This round marks a defining milestone—not just for QNu, but for India’s emergence as a serious contender in quantum technologies globally,” said Vishesh Rajaram, Managing Partner, Speciale Invest.

“Quantum cybersecurity is not just a trend—it’s a necessity for the digital age. QNu’s tech is ahead of the curve, and their team is building something truly foundational. We’re proud to support this journey,” said Ashish Kacholia, Founder, Lucky Investment.

TAGGED:HDFC AMCLucky InvestmentsNational Quantum MissionQNu LabsSingularity AMCSpeciale InvestTenacity Ventures

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