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QpiAI

Updated Mar 24, 2026

A deep look at QpiAI's finances, team, and market position in the AI Infrastructure space.

🇮🇳IndiaSeedAI Infrastructure

Out of 100

🇮🇳

HQ

India

🗓

Founded

2019

💰

Raised

$3M

🏷️

Stage

Seed

👥

Team

10-50

QpiAI develops a hybrid quantum-classical computing platform designed to accelerate AI and optimization workloads, combining quantum processing units with conventional AI accelerators. The company builds both quantum hardware prototypes and a software stack that abstracts quantum circuits for enterprise and research users in India.\n\nThe company raised approximately $3M in Seed funding and has

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Key Facts

  • QpiAI has raised a total of $3M in disclosed funding across 1 funding rounds.
  • QpiAI was founded in 2019 by Nagendra Nagaraja and is headquartered in India.
  • QpiAI employs approximately 10-50 people.
  • QpiAI operates in the AI Infrastructure category and is currently at the Seed stage.
  • QpiAI has an Awaira Score of 35/100, ranking it among the tracked AI companies on Awaira.
  • QpiAI's most recent funding round was a Seed of $3M closed in June 2019.

Source: Awaira · Updated Mar 24, 2026

N/A

Post-money

$3M

All rounds

35/100

2019

10-50 employees

Strengths

Large team of 10-50+ employees

Part of India's rapidly growing AI ecosystem

Considerations

!

Valuation not publicly disclosed

!

Limited disclosed funding

Analysis based on publicly available data. Not investment advice.

⚠️ ESTIMATE
💵Est. Annual Revenue
Revenue not disclosed

Awaira estimate based on public data. Not financial advice.

How does QpiAI stack up against competitors?

MetricQpiAICoreWeaveGraphcoreNebius
Awaira Score35/10095/10085/10084/100
Total Raised$3M$2.38B$767M$2B
ValuationN/A$49B$600M$25B
StageSeedPublicAcquiredPrivate
Founded2019201720162023
Employees10-501800500-10001,000
Country🇮🇳🇺🇸🇬🇧🇳🇱
N

Nagendra Nagaraja

Founder & CEO

View founder profile →
StageSeed
Employees10-50
Country🇮🇳 India
Connect
Inactive
1 round
SeedLatest

$3M

Jun 2019

Frequently Asked Questions

What is QpiAI's valuation?
There's no publicly available valuation data at this time. As a Seed company in AI Infrastructure, the market value remains undetermined.
Who invested in QpiAI?
No confirmed investors have been publicly linked to this company yet. This section will be updated when new data surfaces.
When did QpiAI last raise funding?
A Seed of $3M represents the most recent capital raise in June 2019.
How many employees does QpiAI have?
Around 10-50 people work there, with headquarters in India.
What does QpiAI do?
QpiAI develops a hybrid quantum-classical computing platform designed to accelerate AI and optimization workloads, combining quantum processing units with conventional AI accelerators. The company builds both quantum hardware prototypes and a software stack that abstracts quantum circuits for enterprise and research users in India. Founded in 2019, QpiAI is categorized under AI Infrastructure.
Who founded QpiAI?
Nagendra Nagaraja established the company in 2019. It's based in India. Nagendra Nagaraja serves as Founder & CEO.
Is QpiAI profitable?
There's no public reporting on profitability. With raised $3M in total funding, the company remains at the Seed stage.
Where is QpiAI headquartered?
Based in India 🇮🇳, the company runs its operations in the AI Infrastructure space and was established in 2019.
⚔️

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