About I-HUB Quantum Technology Foundation
I-HUB Quantum Technology Foundation, an accelerator and incubator program founded in 2020, is based in Pune, India. With a presence in 1 country, it has supported around 7 startups in sectors like High Tech, Enterprise Applications. Most notable companies in
its portfolio include QNu Labs, QpiAI and Quan2D Technologies. The program primarily supports Grant (prize money) startups based in India. Its latest investment was a $205K Seed round in PrenishQ on Oct 07, 2025.
I-HUB Quantum Technology Foundation's List of Top Investments
I-HUB Quantum Technology Foundation has a portfolio of 7 companies. Their most notable investments are in QpiAI and QuPrayog.Their portfolio spans across and India. They have invested in High Tech, Enterprise Applications, Semiconductors and 2 other sectors, across stages such as Grant (prize money) stage. Here is the list of top investments by I-HUB Quantum Technology Foundation:
1. QNu Labs
Provider of quantum cryptography solutions, key distribution, random number generation. It offers quantum key distribution for secure cryptographic keys and quantum random number generators. It provides post-quantum cryptography algorithms resistant to quantum attacks. It delivers quantum-safe virtual private networks, secure tunnels, and messaging services.
Key facts about QNu Labs
- Founded Year: 2016
- Location: Bengaluru (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $43.3M
- Employee Count: 118 as on Aug 31, 2025
- Investors: DSP Mutual Fund, Cisco and 103 Others
- Latest Funding Round: Series A, Sep 09, 2026, $*****
- Highlight: Editors' Pick
2. QpiAI
Developer of integrated quantum computing hardware and artificial intelligence software. This technology stack combines superconducting quantum processors with generative artificial intelligence tools to address complex computational challenges. The hardware offerings include scalable quantum systems featuring flip-chip architecture and low-loss interconnects. Software solutions provide development platforms, cloud-based quantum resources, and application-specific workflows for optimization, simulation, and machine learning. These tools support operations across sectors including life sciences, materials science, logistics, finance, and manufacturing by facilitating hybrid quantum-classical computing and predictive analytics.
Key facts about QpiAI
- Founded Year: 2019
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $54.1M
- Employee Count: 85 as on Aug 31, 2025
- Investors: SIDBI Venture Capital, Innoven Capital and 40 Others
- Latest Funding Round: Venture Debt, Oct 05, 2026, $*****
- Highlight: Editors' Pick
Manufacturer of nanomaterials and developer of quantum technology-based sensing solutions. It offers nanomaterial manufacturing using patented technology for various industry applications. The company builds instrumentation, application-specific composites, and smart coatings. It also provides single-photon detectors for quantum applications and high-efficiency electro-optical sensors. Furthermore, it delivers customized solutions and technical consultancy in nanotechnology and quantum sensing.
Key facts about Quan2D Technologies
4. Quanastra
Manufacturer of superconducting nanowire single photon detectors and cryogenic systems. Products include integrated detection systems, custom chips, and thin film solutions for photonics applications. The business provides radio frequency and direct current wiring components alongside low noise amplifiers for ultra low temperature environments. These technologies support research in quantum communications, computing, and remote sensing.
Key facts about Quanastra
- Founded Year: 2024
- Location: Delhi (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $351K
- Employee Count: 9 as on Aug 31, 2026
- Investors: National Quantum Mission and I-HUB Quantum Technology Foundation
- Latest Funding Round: Seed, Jul 04, 2025, $*****
5. PrenishQ
Developer of custom lasers, optics, electronics, and automation for quantum computing. The company designs, manufactures, assembles, and tests ultrahigh vacuum chambers. It also develops narrow linewidth lasers and electronics for experimental control. The company creates data acquisition systems intended for quantum computer development. It aims to serve as a skill development partner.
Key facts about PrenishQ
I-HUB Quantum Technology Foundation's Year-on-Year Investment Trends
In 2025, it made 6 investments. Its most recent first time investment was in Dimira Technologies and most recent follow-on round was in PrenishQ.I-HUB Quantum Technology Foundation's Investments by Stage
I-HUB Quantum Technology Foundation has made 7 investments in Grant (prize money) stage.I-HUB Quantum Technology Foundation's Investments by Sector
I-HUB Quantum Technology Foundation has a diverse portfolio, with companies operating in the High Tech, Semiconductors, Enterprise Applications, Blockchain - Industry Applications and Chemicals and Materials Tech. Notably, it has invested in 7 Enterprise (B2B) companies, 6 Tech companies, 5 Tech hardware companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
High Tech | 6 |
Semiconductors | 4 |
Enterprise Applications | 2 |
Blockchain - Industry Applications | 1 |
Chemicals and Materials Tech | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
I-HUB Quantum Technology Foundation's Investments by Geography
I-HUB Quantum Technology Foundation has made most investments in India (7).I-HUB Quantum Technology Foundation's recent investments
I-HUB Quantum Technology Foundation has not made any investment in 2026 so far.Here are the most recent investments by I-HUB Quantum Technology Foundation:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 07, 2025 | India | Seed | 5051 | - | |
Aug 14, 2025 | India | Seed | 8220 | - | |
Aug 08, 2025 | India | Seed | 7652 | - | |
Jul 04, 2025 | India | Seed | 1579 | - | |
Apr 24, 2025 | India | Series A | 2660 | [+8] |
Co-investors of I-HUB Quantum Technology Foundation
Over the past 2 years, 134 investors have co-invested in I-HUB Quantum Technology Foundation's portfolio companies. This includes funds and angels.
- Invested before I-HUB Quantum Technology Foundation: Startup Karnataka, NetApp Excellerator and 101 others have invested in rounds before I-HUB Quantum Technology Foundation. There are 2 companies where Startup Karnataka has invested before I-HUB Quantum Technology Foundation and 1 company where NetApp Excellerator has invested before I-HUB Quantum Technology Foundation.
- Invested after I-HUB Quantum Technology Foundation: A total of 31 investors have invested in I-HUB Quantum Technology Foundation's portfolio after their investments. Top Investors include HDFC Bank (2 companies) and Singularity AMC (1 company).
