QNu Labs raises $6.5 Mn in pre-Series A round

Cybersecurity technology firm QNu Labs has raised $6.5 million in its pre-Series A1 round led by Ashish Kacholia of Lucky Investments, with participation from Speciale Invest, and a family fund.

This proceeds will be used for strategic hires in senior sales, marketing, and engineering roles. Furthermore, it will ramp up the deployment of their solutions, in line with the increasing demand from customers.

Founded by Sunil Gupta, Srinivasa Rao Aluri, Mark Mathias and Anil Prabhakar, QNu Labs offers quantum and post-quantum cryptography solutions based on patented technology that claims to offer confidentiality and privacy against new-age attacks targeting critical information infrastructure, communication, and personally identifiable information. 

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

QNu competes with a few other Indian startups working in the quantum-safe cybersecurity space including Qulabs, Scytale Alpha, and Qpi.