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QpiAI closes $6.5 million in Pre-Series A funding led by Yournest and SIDBI Venture Capital to enable intelligence modelling and intelligence compute using quantum computers.

Jun 21, 2024•over 1 year ago

Amount Raised

$6.5 Million

Round Type

series a

BengaluruArtificial IntelligenceSoftware

Investors

Sidbi Venture CapitalYournest

Description

QpiAI has secured $6.5 million in its maiden external funding round to build Quantum computing and Generative AI products and platforms. The funding will enable breakthrough innovation in vertical integration of Generative AI and Quantum computing in enterprise and industrial applications, including the deployment of a Quantum-HPC QpiAI datacenter and QCaaS (Quantum Compute as a Service) offerings.

Company Information

Company

QpiAI

Location

Bengaluru, Karnataka, India

About

QpiAI is pioneering the future of optimal AI systems by transforming data into intelligence at unprecedented speed. We specialize in developing and deploying cutting-edge AI solutions across Life Sciences, Healthcare, Finance, Industrial, and Space technologies. While most enterprises unlock only a fraction of their data’s potential, QpiAI drives maximum data-to-insight efficiency—while also generating new, actionable data.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers