QpiAI
Bengaluru-based full-stack quantum computing and AI company, founded in 2019, that builds proprietary superconducting quantum hardware alongside enterprise AI/quantum software platforms (QpiAI-Pro, QpiAI-Opt, QpiAI-Pharma, QpiAI-Matter, QpiAI-Logistics) for industries such as manufacturing, pharma, materials, logistics and finance. Has subsidiaries in the U.S. and Finland; selected by India's National Quantum Mission alongside seven other startups building quantum computing components and technologies (quantum-safe…
QpiAI: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 16 Jul 2025 | Series A | $32 Mn | Avataar Ventures National Quantum Mission | source |
| 21 Jun 2024 | Pre-Series A | $6.5 Mn | SIDBI Venture Capital YourNest Venture Capital Bhupinder Singh Kailash Katkar Lakshmeenarayanan Pratap Reddy Ramaswamy Prabhakar Ramesh Radhakrishnan Sahasra Capital Sanjay Katkar WFC | source |
Recent Signals
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16 Jul 2025 · funding
QpiAI selected as one of eight National Quantum Mission startups, receives government grant source -
16 Jul 2025 · financial
QpiAI considering IPO in 2026 or 2027 source -
16 Jul 2025 · financial
QpiAI profitable at EBITDA level for past three years source -
16 Jul 2025 · growth-traction
QpiAI to launch 64-qubit quantum computer in November source
News on QpiAI
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Who founded QpiAI?
QpiAI was founded by Nagendra Nagaraja in 2019.
How much funding has QpiAI raised?
QpiAI has raised $38.5 Mn across 2 tracked funding round(s), most recently on 2025-07-16. Figures are compiled from cited public sources.
Who are the investors in QpiAI?
Investors in QpiAI include Avataar Ventures, National Quantum Mission, SIDBI Venture Capital, YourNest Venture Capital, Bhupinder Singh, Kailash Katkar, Lakshmeenarayanan, Pratap Reddy.
What does QpiAI do?
Bengaluru-based full-stack quantum computing and AI company, founded in 2019, that builds proprietary superconducting quantum hardware alongside enterprise AI/quantum software platforms (QpiAI-Pro, QpiAI-Opt, QpiAI-Pharma, QpiAI-Matter, QpiAI-Logistics) for industries such as manufacturing, pharma, materials, logistics and finance. Has subsidiaries in the U.S. and Finland; selected by…
Where is QpiAI headquartered?
QpiAI is headquartered in Bengaluru, Karnataka, India.
What is QpiAI's business model?
QpiAI's core value proposition centers on Full-stack Quantum + AI + HPC convergence, Integrated modeling, compute and automation at utility-scale.