Funding · AI & Deep Tech
Quarkitech raises ₹2 crore pre-seed
By Startup Enthusiast ·

- Date
- Company
- Quarkitech
- What it does
- Quantum-inspired solvers for optimisation
- Kind
- Funding
- Amount
- ₹2 crore
- Stage
- pre-seed
- Based in
- Chennai
- Founded
- 2025-01
- Sector
- AI & Deep Tech
What they do
Quarkitech develops quantum-inspired algorithms and sensor data compression for large-scale optimisation
What happened
It raised ₹2 crore pre-seed from Artha Access and Finvolve, plus a ₹1.5 crore grant
Why it matters
The grant comes from IITM-CDOT Samgnya Technologies Foundation under India's National Quantum Mission
The details
- Quarkitech raised ₹2 crore in a pre-seed round from Artha Access and Finvolve.
- The company also received a ₹1.5 crore grant from IITM-CDOT Samgnya Technologies Foundation.
- The grant is part of India's National Quantum Mission, a government programme approved in 2023.
- Quarkitech develops quantum-inspired algorithms and a sensor data compression library.
- The compression reduces data 10 to 100 times depending on sensor type, keeping mission-critical info.
- It targets platforms like UAVs, satellites, and radar/LiDAR systems.
- The company is based at IIT Madras Research Park in Chennai.
The bigger picture
- The funding and grant together signal early validation of Quarkitech's technology.
- The grant ties the startup to a national quantum initiative, boosting credibility.
- Investors are betting on quantum-inspired algorithms that work on today's hardware.
- The lab test showed 26X data reduction with 98% information retention, a key proof point.
About the business
- Quarkitech builds simulation and quantum-inspired solvers for combinatorial optimisation.
- Its core product is a compression algorithm library that reduces sensor data at the source.
- The technology is hardware-agnostic, running on existing CPUs and GPUs.
- It serves applications in finance, deep science, and mission-critical systems.
- Sensor types include radar, LiDAR, hyperspectral, and electro-optical.
- Target platforms are UAVs, surveillance, satellite earth-observation, and ground systems.
- The approach uses tensor networks from quantum many-body physics to remove data redundancy.
What happens next
- Validate the technology under real-world conditions like moving platforms, heat, and limited power.
- Hold discussions with private defence and space operators for pilot deployments.
- Integrate with platform manufacturers, operators, and research institutions over the coming year.
The deal
- Type
- pre-seed
Investors
- Artha Access (lead) — Pre-seed programme under Artha Venture Fund II, co-invests with academic incubators.
- Finvolve (participated) — Co-investor; co-founder Ashish Bhatia commented on quantum-inspired algorithms.
Founders
- Sanyam Parashar, CEO and Founder
- Shashikant Singh Kunwar, Co-founder and CTO
- Rajesh Narayanan, Co-founder and Chief Scientist
- Vishnu P.K., Founding member, Quantum Algorithms Lead
About Quarkitech
- Product
- Quantum-inspired simulation tools and algorithms that compress sensor data from radar, LiDAR and hyperspectral sensors by 10-100x
- Customers
- Defense, space and mission-critical applications requiring efficient sensor data processing
- How it makes money
- B2B deep tech solutions for government and defense sectors
- What sets it apart
- Quantum-inspired compression algorithms that reduce data volume at source while retaining application-critical information
Other articles talking about it
Same day
- Wippi raises $1.2 million in seed round led by 12 Flags12 August 2026 · Funding · $1.2 million
- Builder.ai raises $250m in series C funding12 August 2026 · Funding · $250M
- Redrob leads AI startup funding list12 August 2026 · Analysis
- Yatra Online profit plunges 98% in Q112 August 2026 · Results
- Spyne raises undisclosed funding round12 August 2026 · Funding
- Sarvam AI builds India's full-stack sovereign AI platform12 August 2026 · Analysis · $300 Mn+