The quantum computing industry witnessed exponential growth over recent years. As a result, the threat of quantum attacks on our communications is rapidly approaching a point when quantum computers will be able to crack all the existing encryption that protects our data.
£3.1M investment round
Bristol-based KETS Quantum Security is a quantum tech company passionate about solving real-world security issues by leveraging the advantages of quantum technologies.
Redefining the Future of Secure Communications, the company just bagged £3.1 million in funding to bring to market hardware to protect data from a new generation of cyberattacks that will use quantum computers. The round was co-led by Quantonation and Speedinvest, with participation from Mustard Seed MAZE.
The investment will be used to accelerate development, production, and delivery of first products. It will also allow KETS to expand key first trials of the technology in real-world applications and environments that are already in development. To deliver all of this, KETS will continue building a world-leading team…