Addition led the Series B round with participation from Chevron Technology Ventures, Legal & General, Braavos Capital, and Oxford Science Enterprises.
"As we approach the culmination of the NIST project, we expect newly-ratified standards to help drive rapid adoption of PQC across the technology supply chain. Led by an industry-leading team with decades of experience, PQShield has quickly established itself as a leading authority in post-quantum cryptography for hardware and software. We are excited to see the business continue to build on its existing commercial success and further enhance its efforts in protecting our digital future."
The seed financing was co-led by UKI2S and Cambridge Enterprise Ventures to support the commercial deployment of photonic chip designs.
"The team has spent the past few years building and experimentally validating our design technology – it’s exciting to have the resources to begin deploying it to solve real industry problems."
The London fintech secured the financing facility from Deutsche Bank to support sales growth and future public market plans.
"We’re thrilled to announce the financing as it marks a transformative step in Zilch’s journey. With this new securitisation, we’re poised to triple sales volumes and achieve significant capital efficiencies as we continue to drive billions in commerce to our retail network and, in turn, hundreds of millions in savings and subsidies to our customer base."
Google.org backs the learning platform to scale its Government AI Campus and train one million public servants.
"The AI Campus has taught me that I have a healthy balance of being excited but mindful and cautious about AI and its potential harms. It has made me think of ethical issues; AI is not just a technological innovation but it is about the people, services, and data that sits behind it."
The pre-seed round was led by Nikolaus Oldendorff to support the launch of the company developer kit and prepare for consumer release.
"We’ve created a more portable, sleeker, and lighter alternative to current walking-related VR tech, and we’ve done it by thinking in the opposite direction. We focused on people’s feet and natural motion as opposed to trying to manufacture a special platform for them to walk on. This funding round is going to accelerate the launch, and with a consumer version set to follow the developer version, it’s going to be an enormous year for Freeaim. This kind of wearable tech is going to start getting a lot more attention."
