Quantum Cybersecurity Startup QNu Labs Nets Rs.200 Cr To Scale R&D
India, Sept. 9 -- Quantum cybersecurity startup QNu Labs has raised Rs.200 Cr (around $21 Mn) in its Series A1 funding round co-led by the state-backed National Quantum Mission and Speciale Invest, along with participation from Sony Innovation Fund, Gaja Capital and Artha Ventures, among others.
The Bengaluru-based startup plans to use the fresh capital across R&D, sales and go-to-market strategy, and forging partnerships. Cofounder and CEO Sunil Gupta told Inc42 that the startup will also invest in internal processes, IT and automation as it moves from a technology development phase into a "proof-of-scale" business.
The latest fundraise takes QNu Labs' total capital raised to Rs.375 Cr. Prior to this, QNu Labs raised Rs.60 Cr in its Se...
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