PQShield, a security startup focused on post-quantum cryptography, completes $37 million Series B financing, led by Addition

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MarsBit
06-23
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According to Mars Finance, security startup PQShield recently announced the completion of a $37 million Series B financing round, led by Addition, with participation from Braavos Capital, Legal & General and Chevron Technology Ventures. The valuation has not yet been disclosed. The new funds will be used to recruit more employees and promote closer partnerships with partners and customers. PQShield focuses on "post-quantum" cryptography, which can defend against hacker attacks using quantum computers in the future.

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