pi Ventures leads  Mn seed round in Quanfluence

Photonic quantum technology startup Quanfluence has raised $2 million in a seed funding round led by pi Ventures, along with participation from Golden Sparrow, Reena Dayal, and others.

The proceeds will be deployed towards scaling its near-term products, bringing them to market, and advancing research and development for its flagship quantum computer, Quanfluence said in a press release.

Co-founded in 2021 by Sujoy Chakravarty, Ravi Mehta, Biman Chattopadhyay, Anil Prabhakar, Aditi Vaidya, and Sandeep Goyal, Quanfluence is a photonic quantum technology startup with a hardware-based optimization solution that complements AI to improve decision-making ability. The company aims to develop a fault-tolerant, general-purpose quantum computer within the…

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