# Cavero Quantum

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cavero-quantum

- Industry: Software
- Headquarters: Leeds, UK
- Total disclosed funding: $2.8M
- Latest round: Seed (Jun 14, 2024)
- Investors on record: 2

## About

Founded in 2024 and based in Leeds, UK, Cavero Quantum Limited operates as a developer of software-based security for data keeping. In June 2024, Cavero Quantum Limited raised GBP 2.2 million in seed funding, led by Foresight Group Holdings and Northern Gritstone. As of 2024, the company is led by its CEO, James Trenholme.

The company develops a quantum-safe symmetric cryptographic key solution designed to withstand future quantum computing threats. The firm offers a software-based solution that ensures security without the need for specialized hardware, making it accessible for all devices. Cavero’s technology combines the strengths of quantum key distribution (QKD) with software deployment, ensuring integration and enhanced security against both current and future threats. The company serves large enterprises, technology partners, and government security services.

The organization plans to use the June 2024 funding to support the product launch and technology commercialization.

## Funding rounds

- Seed, Jun 14, 2024, $2.8M — Foresight Group, Northern Gritstone

## Investors

- Foresight Group (https://capitalatlas.ai/funds/foresight-group) — Seed
- Northern Gritstone (https://capitalatlas.ai/funds/northern-gritstone) — Seed