QpiAI Raises $32M Series A to Accelerate Full-Stack Quantum Computing Development
dougfinke2025-07-24T13:33:18-07:00QpiAI, a vertically integrated quantum and AI technology firm, has secured $32 million USD (INR 279 crore) in Series A funding. The round was led by Avataar Ventures and India’s National Quantum Mission (NQM), with participation from both new and existing investors. Founded by Dr. Nagendra Nagaraja, QpiAI has developed a proprietary full-stack quantum computing platform combining custom hardware and advanced software aimed at real-world enterprise applications. The company’s current deployments span domains such as materials science and drug discovery and include customers from global automotive and life sciences sectors. QpiAI’s team includes more than two dozen Ph.D. researchers with backgrounds [...]