KETS Quantum Security raises £3.1m in seed follow-on funding co-led by Quantonation and Speedinvest to accelerate product delivery
The funding round was co-led by Quantonation and Speedinvest to support the commercial delivery of quantum-safe hardware.
KETS Quantum Security builds chip-based hardware designed to protect critical data from emerging quantum-computing threats. The company provides quantum-safe encryption development kits for sectors such as telecommunications and financial services.
Bristol-based KETS Quantum Security has raised £3.1m in a seed follow-on round co-led by Quantonation and Speedinvest, with participation from Mustard Seed MAZE. The fresh capital will be directed towards accelerating product development, manufacturing, and delivery, alongside expanding ongoing trials in real-world environments.
The company specialises in quantum-safe hardware solutions, including Quantum Key Distribution and Quantum Random Number Generators, to defend against anticipated decryption attacks from quantum computers. Founded as a spin-out from the University of Bristol, KETS is scaling its operations internationally, having recently established an office in Paris.
From the founder
"In today’s world, we don’t go 30 seconds without touching digital technology of some kind, all of which is networked, none of which is quantum-safe"
Chris Erven
CEO and co-founder at KETS Quantum Security
Investor perspective
"KETS is reaching a key point in its story, with products that will now be available to deploy, bringing clients the world’s first on-chip, quantum-secured solutions protecting against the future threat of quantum computers."
Olivier Tonneau
Quantonation
Use of funds
- 01Continue product development
- 02Scale operations
Investors
Categories
About the company
KETS Quantum Security
KETS Quantum Security develops quantum-safe chip-based encryption hardware.