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HomeFinTechPQShield: Raises $20M in Series A Funding

PQShield: Raises $20M in Series A Funding

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PQShield: Raises $20M in Series A Funding

  • PQShield, a London, UK-based cybersecurity company specializing in post-quantum cryptography, raised $20m in Series A funding
  • The round was led by Addition, with participation from existing investors Oxford Science Enterprises (formerly OSI) and Crane
  • The company intends to use the funds to accelerate further product development, hiring and international expansion
  • The proceeds will be used to extend PQ Shield’s presence in the US and EMEA, launch in new markets including Japan, and accelerate product development
  • PQ Shield is a cybersecurity company specializing in post-quantum cryptography, protecting data from today’s attacks while readying organisations for the threat landscape of tomorrow
  • The quantum-secure cryptographic solutions work with companies’ legacy systems to protect devices and sensitive data now and for years to come

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