# Crypto Quantique

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crypto-quantique

- Industry: IT Security/Cybersecurity
- Headquarters: London, UK
- Website: www.cryptoquantique.com
- Total disclosed funding: $8.2M
- Latest round: Seed (Mar 14, 2019)
- Investors on record: 2

## About

Crypto Quantique Limited delivers innovative security solutions for the Internet of Things (IoT) by utilizing patented technologies that enhance device authentication and secure identities for connected devices.Founded in 2016 in London, UK, Crypto Quantique Limited focuses on providing security solutions for IoT. The company was established by Patrick Camilleri and Shahram Mossayebi, with Shahram Mossayebi currently serving as CEO. The firm has completed two funding deals, raising a total of GBP 6.200 mn, with the latest funding round being a Seed round led by Accelerated Digital Ventures. This funding supports their growth initiatives and operational goals. The current company valuation stands at GBP 20.409 mn.Crypto Quantique specializes in providing advanced security solutions for the Internet of Things (IoT) through a suite of patented technologies. Their core product offerings include QDID™ PUF IP, which leverages quantum tunneling current variations to create unique hardware identities, and QRoot Lite™ IP, a lightweight root-of-trust solution designed for secure boot and key generation in resource-constrained devices. These products address critical security challenges across sectors like automotive, healthcare, and consumer electronics, serving clients globally, including embedded software developers, IC engineers, and manufacturers.Crypto Quantique generates revenue through the licensing of its proprietary intellectual property and software solutions to various clients within the technology sector. Their model includes partnerships and direct agreements with manufacturers and developers to integrate Crypto Quantique's technologies into their devices. Clients may enter subscription agreements for ongoing access to software updates and security features, while hardware manufacturers typically license QDID™ PUF for secure identity generation. Pricing varies based on the complexity and scale of implementation, ensuring tailored solutions meet specific security needs.Crypto Quantique Limited aims to enhance its product offerings with upcoming launches focused on expanding their IoT security solutions. The company is targeting market expansion into North America and Asia by the end of 2024, leveraging the recent funding from Kima Ventures to support these initiatives. The funding will facilitate the development of new products and enhance their operational capabilities to serve a broader client base.

## Funding rounds

- Seed, Mar 14, 2019, $8.2M — Entrepreneur First, Accelerated Digital Ventures

## Investors

- Entrepreneur First (https://capitalatlas.ai/funds/entrepreneur-first) — Seed
- Accelerated Digital Ventures (https://capitalatlas.ai/funds/accelerated-digital-ventures) — Seed