Synergy Quantum announces pre-series A funding led by Swiss & international private investors
(PRNewswire) Synergy Quantum has signed three recent contracts. IQT-News shares the announcement here:
Synergy Quantum has received funding from: 1. A Swiss Private Bank for a client communication and data protection app; 2.A major European Semiconductor company for the research and design of a post quantum encrypted secure chip;and 3. The Quantum Mission of the Government of India for the development of quantum satellite communication.
“We are very encouraged by the trust shown by our investors backing us up in our journey to materialize commercial quantum computing advantage in real life applications. This is a wonderful recognition for our highly talented team,” said Jay Oberai, Founder and CEO of Synergy Quantum.
“We congratulate Synergy Quantum for completing this round of the capital raise. We are very excited by the progress of Synergy Quantum and are proud to support them as part of the Microsoft for Start-ups Program. We look forward to a continued strong collaboration in the future” Philipp Pabst, Senior Program Manager, Microsoft for Start-ups.
At the core of all Synergy Quantum Technologies is their innovative use of Post Quantum Encryption (PQE) security. In 2021 Synergy Quantum produced the world’s first Post-Quantum Encrypted future-proof closed communication network, patents filed. The company is expanding towards the banking industry, Government National Identity Programs, secure microchips, and beyond.
Sandra K. Helsel, Ph.D. has been researching and reporting on frontier technologies since 1990. She has her Ph.D. from the University of Arizona.