PQShield

PQShield builds quantum-resistant cryptographic solutions for the global technology supply chain.

London, UK—Founded 2018—Website

£49.3MTotal raised

PQShield is a cybersecurity company that builds quantum-resistant cryptographic solutions for hardware, software, and cloud environments. Based in London, the firm helps secure critical supply chains against future threats.

Founders

Ali El Kaafarani

CEO and founder

Investors

Series B20 June 2024
£29.0M
AdditionLeadFollow-on
CT
Chevron Technology Ventures
Legal & General
BC
Braavos Capital
Oxford Science EnterprisesFollow-on
Series A26 January 2022
£14.8M
AdditionLead
Oxford Science Enterprises
Crane
Seed8 July 2020
£5.5M
Kindred CapitalLead
CV
Crane Venture Partners
Oxford Sciences Innovation

Funding history

Series B20 June 2024

£29.0M

PQShield raises £29m in Series B funding led by Addition to expand commercial operations.

Addition led the Series B round with participation from Chevron Technology Ventures, Legal & General, Braavos Capital, and Oxford Science Enterprises.

Series A26 January 2022

£14.8M

PQShield secures £14.8m in Series A funding from Addition to accelerate international growth

Addition led the Series A round to support product development, hiring and global expansion.

Seed8 July 2020

£5.5M

PQShield has raised £5.5m in seed funding led by Kindred Capital to scale its quantum-secure cryptography technology.

The seed round was led by Kindred Capital to help commercialise quantum-resistant encryption tools for businesses.