Funding round led by Avataar Ventures and National Quantum Mission highlights India's push in frontier computing
Bengaluru-based deep tech startup QpiAI has raised $32 million in Series A funding to accelerate its mission of integrating quantum computing and artificial intelligence into enterprise-level solutions. The round was led by Avataar Ventures in partnership with India’s National Quantum Mission (NQM)—an initiative that aims to establish the country as a global force in quantum technologies.
Founded in 2019, QpiAI develops software, hardware, and cloud-native platforms that combine artificial intelligence with quantum processing capabilities. The startup is known for building AI co-processor chips and hybrid quantum-classical platforms tailored for industries such as healthcare, aerospace, logistics, and automotive.
National Quantum Mission Backs Strategic Tech
This funding milestone marks one of the first major investments under India’s National Quantum Mission, which was approved in April 2023 with a total allocation of ₹6,003 crore (approx. $730 million). The mission aims to establish indigenous capabilities in quantum computing, secure communications, and precision sensing over the next eight years.
QpiAI has been positioned as a key player to realize these goals, with its innovations aligning with the mission’s focus on scalable quantum applications and talent development in the quantum-AI space.
Bridging Quantum with AI
The company plans to use the funds to scale its AI-quantum operating system (QpiAI-pro), invest in research and development, and expand its engineering talent pool. QpiAI’s stack integrates quantum computing, AI algorithms, and digital twin simulations, enabling enterprises to model and solve complex optimization problems with greater speed and efficiency.
According to the company, industries like supply chain, mobility, and life sciences stand to benefit significantly from this convergence, especially for tasks involving high-dimensional data and resource optimization.
QpiAI also develops the QpiCloud platform, a full-stack enterprise tool that provides access to its quantum AI ecosystem via the cloud, allowing companies to experiment and deploy hybrid solutions without managing physical quantum infrastructure.
Global Ambitions, Local Roots
With a base in Bengaluru and a research center in Finland, QpiAI is working toward building quantum AI chips and scalable quantum processors using photonics and superconducting qubit architectures. The startup’s roadmap includes launching the QpiAI QPU (quantum processing unit) in the next two years.
The new funding will also help the company expand its international presence and explore partnerships with global universities, OEMs, and research institutions. QpiAI has already filed over 70 patents across quantum and AI domains.
Strategic Timing for India’s Tech Future
The timing of QpiAI’s investment comes amid increased geopolitical interest in quantum capabilities and growing enterprise demand for predictive analytics and intelligent automation. The startup’s approach aims to reduce the time to adoption for quantum solutions by embedding them in AI-driven workflows already familiar to businesses.
By enabling enterprises to move beyond traditional AI limitations, QpiAI’s hybrid systems are being positioned as a bridge to the future of enterprise intelligence—where decision-making is driven by both deep neural networks and quantum-enhanced reasoning.