About Quanfluence
Quanfluence is a company based in Bengaluru (India) founded in 2021 by Anil Prabhakar, Aditi Vaidya, Ravi Mehta, and Sujoy Chakravarty.. Quanfluence has raised $2 million across 1 funding round from investors including pi Ventures, Golden Sparrow and Reena Dayal. The company has 1 employees as of April 08, 2024. Quanfluence offers products and services including Coherent Ising Machine, Photonic Quantum Computer, Homodyne Detector, Single Photon Detector, and QRNG. Quanfluence operates in a competitive market with competitors including PsiQuantum, Atom Computing, Infleqtion, Lightelligence and PASQAL, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 08 Apr, 2024
- Founders Anil Prabhakar, Aditi Vaidya, Ravi Mehta, Sujoy Chakravarty
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Quanfluence Private Limited
- Date of Incorporation 04 Oct, 2021
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$118.55 K (USD)4595.13as on Mar 31, 2023
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Net Profit
$-1.31 K (USD)94.6as on Mar 31, 2023
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EBITDA
$5 K (USD)120.61as on Mar 31, 2023
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Total Equity Funding
$2 M (USD)
in 1 rounds
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Latest Funding Round
$2 M (USD), Seed
Oct 30, 2024
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Investors
pi Ventures
& 3 more
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Employee Count
1
as on Apr 08, 2024
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Products & Services of Quanfluence
Quanfluence offers a comprehensive portfolio of products and services, including Coherent Ising Machine, Photonic Quantum Computer, Homodyne Detector, Single Photon Detector, and QRNG. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hardware for solving optimization problems using photonic and electronic components.
System for tackling complex problems beyond classical computing capabilities.
Detector for measuring quantum states in photonic systems.
Device for detecting individual photons in quantum applications.
Random number generator based on quantum principles for secure computing.
Funding Insights of Quanfluence
Quanfluence has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.0M
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First Round
First Round
(30 Oct 2024)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Quanfluence | Valuation | pi Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Quanfluence
Quanfluence has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include pi Ventures, Golden Sparrow and Reena Dayal. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Deep-tech venture capital investments in early-stage companies.
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Founded Year | Domain | Location | |
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Venture capital fund focused on pre-seed and seed stage companies
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Founded Year | Domain | Location | |
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RD
Reena Dayal |
Angel investor, ex-Microsoft, focuses on tech startups in India.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Quanfluence
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Quanfluence
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Quanfluence Comparisons
Competitors of Quanfluence
Quanfluence operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PsiQuantum, Atom Computing, Infleqtion, Lightelligence and PASQAL, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Photon-based universal quantum computers are developed for error correction.
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| domain | founded_year | HQ Location |
Universal quantum computers are developed using optically trapped neutral atoms.
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| domain | founded_year | HQ Location |
Quantum computing products and solutions are provided.
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| domain | founded_year | HQ Location |
Optical chips and software solutions for AI computing are developed.
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| domain | founded_year | HQ Location |
Developer of neutral atom quantum computers, offering hardware, cloud access, and software.
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| domain | founded_year | HQ Location |
Application software for quantum computing and machine learning is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quanfluence
Frequently Asked Questions about Quanfluence
When was Quanfluence founded?
Quanfluence was founded in 2021 and raised its 1st funding round 3 years after it was founded.
Where is Quanfluence located?
Quanfluence is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Quanfluence?
Sujoy Chakravarty is the current CEO of Quanfluence. They have also founded this company.
Is Quanfluence a funded company?
Quanfluence is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Oct 30, 2024.
How many employees does Quanfluence have?
As of Apr 08, 2024, the latest employee count at Quanfluence is 1.
What is the annual revenue of Quanfluence?
Annual revenue of Quanfluence is $118.55K as on Mar 31, 2023.
What does Quanfluence do?
Quanfluence was founded in 2021 in Bengaluru, India, as a provider in the quantum computing sector. Photonics-based quantum solutions are developed, including single photon detectors, advanced computing hardware, Ising machines, and qubit-based quantum computers. Operations center on hardware and service delivery for quantum technologies, with a team led by co-founders in CEO, CPO, and COO roles.
Who are the top competitors of Quanfluence?
Quanfluence's top competitors include PsiQuantum, Atom Computing and Infleqtion.
What products or services does Quanfluence offer?
Quanfluence offers Coherent Ising Machine, Photonic Quantum Computer, Homodyne Detector, Single Photon Detector, and QRNG.
Who are Quanfluence's investors?
Quanfluence has 4 investors. Key investors include pi Ventures, Golden Sparrow, Reena Dayal, and Yossef Yehiel.