QNu Labs Private Limited has raised ₹200 crore from a Series A1 fundraise led by the National Quantum Mission and Speciale Invest, with participation from Sony Innovation Fund, Gaja Capital, Artha Ventures and other investor.
DSK Legal advised QNu Labs and its founder on this fundraise.
GameChanger Law Advisors represented lead investor Speciale Invest on this transaction. The Firm was involved in structuring, reviewing and negotiating the transaction documentation.
The transaction was led by Samheeta Rao (Senior Partner) and Sanjana Rao (Associate)
TT&A advised Sony Innovation Fund on this fundraise.
The transaction team consisted of Gautam Saha (Joint-Managing Partner), Harshit Chandra (Partner), Garvita Mehrotra (Managing Associate) and Shubham Gupta (Associate).
QNu Labs is a pioneer in quantum cryptography, quantum encryption, and quantum communication products and solutions.
The fresh capital will be deployed to accelerate R&D, deepen QNu Labs’ technology leadership, and scale its sales and go-to-market capabilities across India and global markets. A part of this funding will be used as QNu's contribution towards the approved project funded under Research Development and Innovation (RDI) to build the Technology backbone of India’s Quantum Secure and Sensing Networks (IQSN).
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