Q*Bird has secured €2.5 million in funding to enhance its quantum cryptography solutions and accelerate growth in the emerging quantum security market.
Target Information
Q*Bird is an innovative startup specializing in next-generation communications security through quantum cryptography. Founded in January 2022 and headquartered in Delft, Netherlands, the company has developed a groundbreaking product known as Falqon, which leverages the fundamental laws of nature to provide exceptional security against cyber threats, including potential future attacks from quantum computers. With a strong focus on protecting data communications and digital infrastructure, Q*Bird utilizes patented technology that outperforms its competitors in terms of both security and cost efficiency.
Currently, Q*Bird is actively involved in a large-scale trial of its innovative technology at the Port of Rotterdam, a critical hub in the European trade economy. The company has secured its first launch customer for its Falqon product and has signed contracts to deploy quantum networks across Europe, including a strategic partnership with Eurofiber to enhance the security of their networks and customers.
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Industry Overview
The quantum security market is an emerging sector that addresses pressing cybersecurity concerns in an increasingly digital age. With rising awareness of the vulnerabilities associated with traditional encryption methods, businesses and governments are see
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Disclosed details
Transaction Size: $3M