PQShield raises £5.5m for effort to secure computers against quantum threat

Posted: 8 July 2020

PQShield, a UK post-quantum cryptography startup, today comes out of stealth mode with the announcement of a £5.5m seed funding raise, and news that it has won Bosch as its first customer.

It is a sign that both investors and companies are waking up to the threat of quantum computing, which can easily break conventional cryptographic standards, particularly those used in the most popular public key algorithms.

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