Tech Company Financing Transactions
Quarkitech Funding Round
Quarkitech closed a $240 thousand Seed financing round on 8/13/2026. Investors included Artha Venture Fund.
Transaction Overview
Company Name
Announced On
8/13/2026
Transaction Type
Venture Equity
Amount
$240,000
Round
Seed
Investors
Proceeds Purpose
The company will use the capital to build out its core algorithmic libraries, accelerate real-world field validation across extreme conditions (such as heat, high vibration, and intermittent connectivity), and hire specialized deep-tech and quantum information engineers.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
C/o IITM Research Park, 1FA I Floor, Kanagam Road, TTTI Tara
Chennai, Tamil Nadu, 600113
India
Chennai, Tamil Nadu, 600113
India
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Quarkitech is an Indian deep-tech startup founded in January 2025 at the IIT Madras Research Park, specializing in quantum-inspired algorithms, mathematical optimization, and at-source sensor data compression. The company's technology enables significant data reduction for hardware-agnostic, bandwidth-constrained environments, including aerospace and defense sectors.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sanyam Parashar
Chief Scientific Officer
Rajesh Narayanan
Chief Technical Officer
Shashikant Kunwar
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