Bengaluru-based quantum computing startup Quanfluence has raised $10 million in a funding round led by Chiratae Ventures, with participation from Rainmatter by Zerodha and existing investor Pi Ventures, according to inc42.com. The startup plans to use the capital to develop its full-stack photonic quantum computing system, aiming to launch early processors by 2027 and scalable quantum machines by 2029.
Founded in 2021 by Sujoy Chakravarty, Ravi Mehta, Biman Chattopadhyay, Aditi Vaidya, Anil Prabhaka, and Sandeep Goyal, Quanfluence integrates indigenously designed photonic chips, control electronics, and software into a single architecture. The startup has already commercialized its optical Ising machine, which uses light waves as computational units to process hundreds of interconnected variables simultaneously, making it 100 times faster than traditional optimization methods.
Quanfluence’s optical Ising machine has been sold to around three customers and is currently running paid pilots with 10 to 15 corporations, according to inc42.com. The startup’s approach of offering remote access on a usage-based model could help it generate commercial traction while it works on the more complex task of building scalable quantum computers. This funding round places Quanfluence among emerging players in the quantum computing sector focusing on photonic technology.
The startup targets delivering early photonic quantum processors by 2027 and aims for larger, scalable quantum machines by 2029, as stated by founder Sujoy Chakravarty to inc42.com. Quanfluence’s progress will be closely watched as it advances its technology and expands its commercial footprint.