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QNu Labs

Quantum CybersecurityBengaluru, India

QNu Labs builds quantum-safe cybersecurity products designed to protect data and communications against decryption by future quantum computers. Founded in 2016 by Sunil Gupta, Srinivasa Rao Aluri, Mark Mathias and Anil Prabhakar and incubated at IIT Madras, the Bengaluru company sells its QShield platform across three technologies: quantum random number generation through Tropos, quantum key distribution through Armos, and post-quantum cryptography. Its quantum-safe VPN is its most sought-after product, and it has deployed across government, critical infrastructure and banking, financial servi

1StartupFox story
2016Founded
Quantum CybersecuritySector
Sept 2026Latest coverage

Funding

QNu Labs has raised $35M across 3 disclosed rounds, most recently a Series A1 in September 2026.

$35MRaised
Series A1Latest round · September 2026
3Events
Series A1September 2026reported
$21M
InvestorsNational Quantum Mission (co-lead), Speciale Invest (co-lead), Sony Innovation Fund, Gaja Capital, Artha Ventures
Valuation
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September 2026Series A1$21MNational Quantum Mission (co-lead), Speciale Invest (co-lead), Sony Innovation Fund, Gaja Capital, Artha Ventures
April 2025Series A$7MNational Quantum Mission (lead, ₹25 crore), Lucky Investment, Speciale Invest, Tenacity Ventures
December 2023Pre-Series A1$6.5MAshish Kacholia, Lucky Investments (lead)

Investor roster

Every disclosed backer and how often they've written a cheque — repeat names are the strongest conviction signal on the cap table.

New · Latest leadNational Quantum Mission (co-lead)1 round · 2026
Artha Ventures1 round · 2026
Gaja Capital1 round · 2026
Sony Innovation Fund1 round · 2026
Speciale Invest (co-lead)1 round · 2026
₹25 crore)1 round · 2025
Lucky Investment1 round · 2025
National Quantum Mission (lead1 round · 2025
Speciale Invest1 round · 2025
Tenacity Ventures1 round · 2025
Ashish Kacholia1 round · 2023
Lucky Investments (lead)1 round · 2023
Aggregated automatically from the disclosed rounds above.

Leadership

The QNu Labs journey

2016 · founded
Founded by Sunil Gupta, Srinivasa Rao Aluri, Mark Mathias and Anil Prabhakar, and incubated at IIT Madras. It becomes the first Indian company to build commercial cybersecurity products using quantum physics.
2019 · milestone
Sets up a US subsidiary, QNu Labs Inc, in Massachusetts, to pursue international deployments.
December 2023 · funding
Pre-Series A1 — $6.5M, led by Ashish Kacholia.
April 2025 · funding
Series A — $7M, led by National Quantum Mission (lead.
Apr 2025 · funding
Raises a ₹60 crore Series A led by the National Quantum Mission, which puts in ₹25 crore, making a Government of India programme the company's lead investor.
September 2026 · funding
Series A1 — $21M, led by National Quantum Mission (co-lead).
Sep 2026 · funding
Raises ₹200 crore co-led by the National Quantum Mission and Speciale Invest, a single round larger than everything raised in its first decade, on FY25 revenue of ₹40.5 crore.

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Frequently Asked

What is QNu Labs?

QNu Labs builds quantum-safe cybersecurity products designed to protect data and communications against decryption by future quantum computers. Founded in 2016 by Sunil Gupta, Srinivasa Rao Aluri, Mark Mathias and Anil Prabhakar and incubated at IIT Madras, the Bengaluru company sells its QShield platform across three technologies: quantum random number generation through Tropos, quantum key distribution through Armos, and post-quantum cryptography. Its quantum-safe VPN is its most sought-after product, and it has deployed across government, critical infrastructure and banking, financial servi

Who founded QNu Labs?

QNu Labs is associated with Sunil Gupta, Srinivasa Rao Aluri, Mark Mathias, Anil Prabhakar.

How much funding has QNu Labs raised?

QNu Labs has raised $35M across 3 disclosed rounds. The most recent was a $21M Series A1 in September 2026.

Who are QNu Labs's investors?

Disclosed investors in QNu Labs include National Quantum Mission (co-lead), Speciale Invest (co-lead), Sony Innovation Fund, Gaja Capital, Artha Ventures, National Quantum Mission (lead, ₹25 crore), Lucky Investment, Speciale Invest, Tenacity Ventures, Ashish Kacholia, Lucky Investments (lead).

What is the latest news on QNu Labs?

The most recent StartupFox coverage is “QNu Labs Raises ₹200 Crore, More Than Its Entire First Decade Combined” (9 September 2026). All stories are listed on this page.