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- Post-quantum cybersecurity startup PQShield has raised close to $7 million in a funding round backed by Kindred Capital and Crane Venture Partners.
- The post-quantum cryptography market is expected to be worth close to $4 billion globally by 2028, according to Inside Quantum Technology.
- The firm was also backed by angel investor Andre Crawford-Brunt, previously a senior executive at Deutsche Bank.
- We got an exclusive look at the pitch deck PQShield used to bring investors on board.
Cybersecurity startup PQShield just raised close to $7 million in a funding round backed by Kindred Capital and Crane Venture Partners.
PQShield specializes in post-quantum cryptography, a field that has emerged alongside quantum computing.
Post-quantum, or “quantum-proof”, cryptography consists of algorithms designed to protect systems from quantum computers. At present, even some of the best-designed systems could be vulnerable to quantum attacks as quantum computing moves closer to reality.
The firm’s latest £5.5 million ($6.9 million) round was led by Kindred Capital and Crane Venture Partners, alongside Oxford Sciences Innovation, and angel investor Andre Crawford-Brunt, a former global head of equities at Deutsche Bank.
We got an exclusive look at the pitch deck PQShield used to bring investors on board: