(UKTechNews) Bristol-based KETS Quantum Security has secured £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 passionate about the company’s technology and values. Furthermore, KETS will continue to expand into the global marketplace beyond its first international office following its recent expansion into Paris.
“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,” said Dr Chris Erven, CEO and co-founder of KETS Quantum Security. “At KETS, we’ve made it our mission to protect the world’s most valuable resource—information—from the threat of quantum computing. This investment will allow us to make quantum-safe communications solutions ubiquitous and easily integrated. Ultimately, KETS is building a world in which we can trust our digital connections as much as our personal ones.”