July 17, 2025:
QpiAI Secures $32M to Boost AI with Quantum Power - QpiAI India Private Limited secured $32 million in a Series A funding round led by Avataar Ventures and India's National Quantum Mission. The Bangalore-based startup plans to use the funds to advance its quantum computing efforts, including developing AI models with its 25-qubit quantum computer, QpiAI Indus, which could scale to over 300 qubits.
Specializing in finance, logistics, healthcare, and materials science, QpiAI aims to position India as a leader in quantum technologies. The funding will boost its quantum computing infrastructure and global service reach while promoting education and commercialization in the field.
