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In Pre-Series A1 Round, QNu Labs Raises Around Rs. 54 Crore .

Qnu Labs, a Quantum-safe cybersecurity technology firm, has raised US$ 6.5 Million amounting to Rs. 54 Crore in its Pre-Series A1 Round. The funding round is led by Ashish Kacholia of Lucky Investments, with participation from Speciale Invest and a notable family fund.

The funds will be deployed to make strategic hires for leadership roles in sales, marketing, and engineering.

QNu Labs, incubated in 2016 at IIT Madras Research Park, is specialized in quantum and post-quantum cryptography solutions. Company's patented technology protects against advanced threats targeting critical information infrastructure, communication, and personal data.

The company uses photon light particles to protect data and ensure constantly changing encryption keys. The company's portfolio includes Tropos (random number generator), Armos (quantum key distributor), and Hodos (quantum secure platform for key management), catering to industries like banking, telecommunications, defence, and OEMs.

The startup claims to have partnered with the likes of Airtel, Bharat Electronics, IN-SPACe, and several other marquee names in India and globally


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