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Quantum Technology Startup Quanfluence Nets $2 Mn Led By pi Ventures

Summary by Inc42 Media

Quantum technology startup Quanfluence has raised $2 Mn (around INR 16.65 Cr) in a seed funding round led by pi Ventures. The round also saw participation from Golden Sparrow and Quantum Ecosystems and Technology Council of India (QETCI) founder Reena Dayal. The Bengaluru-based startup plans to deploy the fresh proceeds to scale up its near-term products and accelerate development of its quantum computer. Founded in 2021 by Sujoy Chakravarty, Ra…

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Quantum Computing Report

Indian Quantum Tech Startup Quanfluence Raises $2 Million in Seed Funding

Indian quantum technology startup Quanfluence has raised $2 million in seed funding to enhance its product offerings and develop its quantum computing solutions. The funding round was led by pi Ventures, with contributions from Golden Sparrow and Reena Dayal, founder of the Quantum Ecosystems and Technology Council of India. Founded in 2021, Quanfluence specializes in [...] The post Indian Quantum Tech Startup Quanfluence Raises $2 Million in Se…

3 months ago

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Entrackr

pi Ventures leads $2 Mn seed round in Quanfluence

Photonic quantum technology startup Quanfluence has raised $2 million in a seed funding round led by pi Ventures, along with participation from Golden Sparrow, Reena Dayal, and others. The proceeds will be deployed towards scaling its near-term products, bringing them to market, and advancing research and development for its flagship quantum computer, Quanfluence said in a press release. Co-founded in 2021 by Sujoy Chakravarty, Ravi Mehta, Biman…

3 months ago

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Analytics India Magazine

Quanfluence Secures $2 Million Seed Funding to Develop Quantum Photonics

Quanfluence, a Bengaluru-based company focused on photonics and quantum-inspired solutions, has raised $2 million in a seed funding round led by pi Ventures. The round saw participation from multiple others, like Golden Sparrow and Reena Dayal, founder and CEO of the Quantum Ecosystems and Technology Council of India (QETCI). According to the company, the funding will scale its current products and advance its research and development initiativ…

3 months ago

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fundingblogger.com

Quantum Technology Startup Quanfluence Nets $2 Mn In Funding

SUMMARY Bengaluru-based Quanfluence has raised $2 Mn in a seed funding round led by pi Ventures, with participation from Golden Sparrow and QETCI founder Reena Dayal The quantum technology startup, incubated at IITM Incubation Centre, will use the funds to scale its near-term products and accelerate quantum computer development The investment comes through pi Ventures’ second fund which recently closed at INR 702 Cr, focusing on deeptech sectors…

3 months ago

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