Deeptech startup Quanfluence raises $10M led by Chiratae Ventures

Deeptech company Quanfluence has raised $10 million in a funding round led by Chiratae Ventures, a technology-focused venture capital firm that invests in early-stage startups. Pi Ventures, an early-stage fund focused on deep tech and AI, returned after leading Quanfluence’s 2024 seed round, while Rainmatter by Zerodha also participated. Founded in 2021 and incubated at the IIT Madras Incubation Cell, Quanfluence is developing quantum computers that use photons, or particles of light, to process