Startup Researcher Asia Pacific’s Post

Bengaluru-based photonic quantum tech startup Quanfluence has raised $2M in a seed round led by pi Ventures , with contributions from Golden Sparrow, Reena Dayal, and others. Founded in 2021 at IITM Incubation Centre, Quanfluence develops hardware-based quantum optimization solutions using photonic circuits and FPGAs, offering 100x faster performance. Its optical Ising machine currently handles 128 variables (~10,000 permutations) and is scaling to process 10-25M permutations, addressing challenges in logistics, finance, and scheduling. Funds will scale products and advance R&D for a fault-tolerant quantum computer. #QuantumComputing #DeepTech #StartupIndia #Innovation Read more at : https://lnkd.in/dxPnd5i6

Bengaluru-based, Photonic quantum technology startup Quanfluence has raised $2 million in a seed funding round led by pi Ventures. The funding will be utilized to advance Quanfluence’s near-term products, bring them to market, and accelerate the R&D of its flagship fault-tolerant, general-purpose quantum computer. Founded in 2021 by Sujoy Chakravarty, Ravi Mehta, Biman Chattopadhyay, Anil Prabhakar, Aditi Vaidya, and Sandeep Goyal, Quanfluence specializes in photonic quantum technology. The startup integrates photonic circuits with high-speed FPGAs to tackle common quantum computing challenges like hardware instability, noise, and scalability limitations. Read more about Quanfluence👉 https://lnkd.in/g86hi6eB #Quanfluence #FundingNews #SeedFunding #TechStartups #StartupIndia #DigitalIndia

Photonic quantum technology startup Quanfluence has raised $2 million in a seed funding round led by pi Ventures, along with participation from Golden Sparrow, Reena Dayal, and others. The proceeds will be deployed towards scaling its near-term products, bringing them to market, and advancing research and development for its flagship quantum computer. Quanfluence is a photonic quantum technology startup with a hardware-based optimization solution that complements AI to improve decision-making ability. The company aims to develop a fault-tolerant, general-purpose quantum computer within the next five to six years. According to the Bengaluru-based company, it integrates optics and computational technology and offers a solution that overcomes limitations such as hardware instability, noise, scaling, complexity, and high-dimensional problems, delivering scalability and energy efficiency without the drawbacks of conventional approaches. Founders: Sujoy Chakravarty, Ravi Mehta, Biman Chattopadhyay, Anil Prabhakar, Aditi Vaidya, and Sandeep Goyal, Follow Rise & Shine for daily funding deals. Stay ahead, stay motivated with www.riseshine.in #startup #funding

MintNeuro raises £1M Investment to Advance Transformative Semiconductor Technology for Neural Implants https://lnkd.in/d2pTFBut #medtech #medicaldevices #startup MintNeuro Timothy Constandinou Dorian Haci, PhD Johnathan Matlock Martin Glen Empirical Ventures Parkwalk Advisors Plug and Play Tech Center Plug and Play Europe Excellis

Cambridge-based startup Wave Photonics has successfully secured $4.5 million in seed funding. This investment will support the company's development of advanced photonics technologies. Wave Photonics aims to drive innovation in the field and expand its technological capabilities. The funding marks a significant milestone for the startup as it progresses toward its goals. https://lnkd.in/gxNTh5WP #WavePhotonics #SeedFunding #TechInnovation #Photonics #CambridgeStartups #FundingSuccess #TechDevelopment #StartupGrowth #InvestmentNews #PhotonicsTech #UnderstandingEnterpriseTech #EnterpriseTechnologyNow #EnterpriseTechnologyToday

Eager to discover the future success stories of Inpho Venture Summit and challenge #investors with this question "what's next to invest in #deeptech?" Join us in Bordeaux, France, next Octobre, for this must-attend bi-annual deeptech investors gathering. #techinnovation #startup #INPHO2024

🚀 Exciting Milestone for Ephos! 🚀 We're thrilled to announce that Ephos has raised $8.5M and opened the world’s first facility dedicated to the design and production of glass-based quantum photonic chips! Our proprietary technology will play a critical role in accelerating advancements in quantum computing, AI, and data centres. The seed round was led by Starlight Ventures, with participation from Collaborative Fund, Exor Ventures, 2100 Ventures, and Unruly Capital. Additionally, we are proudly supported by NATO DIANA and the European Innovation Council and SMEs Executive Agency (EISMEA) in our mission to transform the future of computing. Today, to meet growing customer demand, we are opening a new fabrication facility in MIND Milano Innovation District, one of Europe’s most ambitious technology hubs. This plant will accelerate our mission to power quantum and classical infrastructure, more efficiently and securely. Our chips are built entirely in-house and our supply chain relies exclusively on US and EU suppliers. This funding round will also help us to expand our presence in the United States, scaling our team in San Francisco. In other words: we are hiring! None of this would be possible without our exceptional team, investors, and advisors, including Joe Zadeh, Diego Piacentini, Simone Severini, and Alec Ross. We are just getting started 🚀 Read more: https://lnkd.in/eQhBXDH4 #QuantumComputing #AI #Innovation #DeepTech #Chips #Photonics #Technology #Ephos

Quanfluence, a startup pioneering photonics based quantum and quantum inspired solutions, has raised $2 million in a seed funding round led by pi Ventures. The round also saw participation from Golden Sparrow, Reena Dayal and others. Reena is also the Founder and CEO of the Quantum Ecosystems and Technology Council of India (QETCI). Quanfluence was founded in 2021 by Sujoy Chakravarty, Ravi Mehta, Biman Chattopadhyay, Prof Anil Prabhakar, Aditi Vaidya and Prof Sandeep Goyal, and incubated in the IITM Incubation Centre. Read the full story here:👇 https://lnkd.in/dFmD5ChT #photonics #venturecapital #ai #technology #funding #investors #bengaluru #startup #indianstartupnews

Join us for the upcoming #Hello #Tomorrow webinar, organized by CAOS Focado e Wylinka! 🗓 06/05, 12:30 Brazilian Time. You will gain insights from experts and startups: Diogo Dutra, Maristela Meireles, Idris Revert, Pedro Zacarias (Brazilian Embassy in Paris), Suzano Ventures! Hello Tomorrow is the most inspiring event, where disruptive #innovation and the #brightest and #passioned people solving big humanity problems gather together to network and fundraise!🌍💡 Sign up here: https://lnkd.in/dUEa8ByW This is just a little taste of my two favorite sessions: 👇💖 🧠💻EXPLORING THE ADVANCES IN BRAIN COMPUTER INTERFACES 2024 is THE year of BCI. No wonder why BCI is a trend in the 'Tech trends to watch 2024' from CB Insights! And Neuralink first brain implants could not be left out!🔥 Experts discussed the pros and cons of invasive versus non-invasive BCI, advances, clinical impact, challenges of data ownership, privacy, and much more! Nataliya Kosmyna, a researcher from MIT, showcased her developed glasses with embedded brain sensors. Balint Varkuti, CEO of Ceregate GmbH, explained the huge impact of invasive BCI in surgery and procedures! 📝 But the main takeaway is… "Phones will become obsolete and will be replaced by brain-worn devices! They will be mainstream within 6 years." 💥 👀 I am so glad SleepUp is on the right track with its EEG headband for #sleep & #brain health! 🚀😴 💰🌱DEEPTECH FUNDING LANDSCAPE It was a great discussion with the best experts about investment, trends, hurdles, ecosystems, founders! Pae Wu – General Partner at SOSV Steven Jacobs – Partner at Lakestar  Yoram Wijngaarde – Founder CEO of Dealroom.co 📝 My key takeaways are... - Deeptech investment requires a combination of VCs, Corporates, Grants, and Debt as funding strategy. - What makes a good entrepreneur: maniacal and infectious passion and resilience, ability to move fast, and find the easiest paths. - Investment trends: big world problems, democratization of computing, hardtech components, water, space, climate, health, tech bio, clinical trials, cyber security, material science. - What is a deeptech startup: science breakthrough tech being applied for the first time into products. - Deeptech requires an international mindset and presence: it is important to be in the right place, with high density of talent, resources, investors, as they drive growth. - Europe is the heart of deeptech investment, representing the largest investment category, mainly UK, FR, SE. Meanwhile, the USA focuses more on late-stage and represents 20% of the total investment. #hellotomorrow #deeptech #innovation #science #tecnology #investors #startup #BCI #wearables #BraincomputerInterface #healthtech #Medtech #investment #brain #sleep #movimentodeeptech

Following their participation in the Inpho Venture Summit, these companies have successfully raised funding, showcasing their impact in deep tech and their respective industries. Aether Biomedical  ▪️ #MachineLearning #ChemicalProcesses ▪️ $49.1M Teem Photonics  ▪️ #Photonics  ▪️ $48.1M Cailabs  ▪️ #Photonics  ▪️ €45.2M Circulor  ▪️ #SupplyChain  ▪️ £34.6M These startups have demonstrated strong impact and scalability since a very early stage. INPHO Venture Summit has proven to be a unique #DeepTechEcosystem for connecting innovative companies with the necessary resources to achieve success. If you are a #deeptech startup and have missed the deadline to introduce your company, you can contact us at inpho-ventures@blumorpho.com. ALPHA-RLH, le pôle français des ondes de l'innovation BLUMORPHO Région Nouvelle-Aquitaine Bordeaux Métropole PhotonHub Europe #SuccessStory #DeepTech #INPHO2024