Spice Route Legal advised ace investor Ashish Kacholia of Lucky Securities, on USD 6.5-million pre-series A1 round funding for QNu Labs Private Limited (Company).

QNu, a market-leading cyber security firm, is the first ever company to develop commercial cyber security products leveraging quantum physics, aiming to fortify India’s standing as a hub of quantum technological excellence. With new-age data thefts becoming more ubiquitous, the company promises to be a game changer by offering quantum-safe cryptography products and solutions to ensure the security of data on the internet and cloud.

With successful fundraising in the Pre-Series A1 round, the Company will utilise the funding towards advancing its leadership and bolstering its growth.

Spice Route Legal team advising on this deal was led by our Partner Praveen Raju, and comprised of attorneys Janhavi Joshi, Nikunj Baheti, and Suyash Bhargava, including compliance executive Shraddha Kotiya.

For more information on this fundraise, please click here.