Quanfluence raises $10 Mn for photonic quantum computer
Bengaluru-based quantum computing startup Quanfluence has raised $10 Mn in a funding round led by Chiratae Ventures. Rainmatter by Zerodha and existing backer Pi Ventures also participated in the round.
Quanfluence is building a universal photonic quantum computer. Its approach combines indigenously designed photonic chips, control electronics, and software into a single architecture.
The IIT-Madras-incubated startup has already commercialised a quantum-inspired optical Ising machine, which uses light waves as computational units to process hundreds of interconnected variables simultaneously. It has sold around three machines and runs paid pilots with 10-15 corporations.
Quanfluence plans to deploy the fresh capital to further develop its full-stack photonic quantum computing system. The startup is targeting early processors by 2027, followed by larger and scalable quantum machines by 2029.
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"Quanfluence has already commercialised its optical Ising machine, selling the physical systems to customers as well as offering remote access to the machines on a usage-based model," Chakravarty told Inc42.
The startup has a current team size of 25 employees and is expecting to scale its workforce to a 40-member team over the next year.
Its immediate challenge is less about proving the underlying concept and more about integrating its components, scaling manufacturing, and navigating long chip-production and hardware-delivery cycles.
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