What is PQShield?
Founded in 2018 and headquartered in Oxford, UK, PQShield is at the forefront of developing post-quantum cryptography solutions. The company addresses the critical need for cybersecurity infrastructure that can resist attacks from both current and future quantum computers. By focusing on this nascent but vital area of digital security, PQShield positions itself as a key player in safeguarding sensitive data against emerging cryptographic vulnerabilities.
How much funding has PQShield raised?
PQShield has raised a total of $64M across 3 funding rounds:
Angel/Seed
$7M
Series A
$20M
Series B
$37M
Angel/Seed (2020): $7M with participation from Crane Venture Partners, Oxford Sciences Innovation, and Kindred Capital
Series A (2022): $20M led by Oxford Science Enterprises, Addition, and Crane
Series B (2024): $37M supported by Braavos Capital, Oxford Sciences Enterprises, Addition, and Legal & General
Key Investors in PQShield
Crane Venture Partners
Crane Venture Partners is a venture capital firm specializing in enterprise software, SaaS, machine learning, and AI, indicating a focus on deep tech and scalable business models.
Oxford Sciences Enterprises
Oxford Sciences Enterprises is an investment company with a unique partnership with the University of Oxford, focusing on founding, funding, and building transformational businesses from cutting-edge research.
Legal & General
Legal & General is a major British financial services organization and global investor, specializing in asset management and providing retirement, savings, and insurance solutions, with a focus on long-term financial security and sustainable investment.
What's next for PQShield?
With this substantial backing, PQShield is poised for accelerated growth and innovation in the post-quantum cryptography space. The company is expected to leverage this capital to further its research and development efforts, expand its engineering team, and scale its go-to-market strategies. This strategic investment signals strong confidence from investors in PQShield's technology and its potential to become a leader in securing the digital future against quantum threats.
See full PQShield company page
