# PQShield

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pqshield

- Industry: IT Security/Cybersecurity
- Headquarters: Oxford, UK
- Website: www.pqshield.com
- Total disclosed funding: $61M
- Latest round: Series B (Apr 24, 2024)
- Investors on record: 7

## About

Established in 2018 by founder Ali El Kaafarani and based in the United Kingdom, PQShield Ltd. develops hardware and software solutions that protect data against the threats posed by quantum computing. computers. In June 2024, PQShield Ltd. raised USD 37 million in Series B funding led by investors Addition, Chevron Technology Ventures, Legal & General, Braavos Capital, and Oxford Science.
 
PQShield offers a comprehensive suite of PQC hardware and software solutions, such as PQCryptoLib, a software library that integrates both PQC and classical cryptographic algorithms, ensuring security across different platforms. PQPerform Lattice optimized for hardware security modules (HSMs) used for secure key storage and management. PQSDK: A software development kit that enables developers to implement quantum-safe cryptographic solutions in their applications. PQPlatform: A suite of products that includes PQPlatform-Hash, PQPlatform-Lattice, PQPlatform-CoPro, and PQPlatform-SubSys tailored for specific cryptographic functions and applications. PQCryptoLib is optimised for embedded systems. Additionally, the products are designed to secure data, devices, connections, and components in various industries, including semiconductors, manufacturing, military, aerospace, identity and payment technologies, system integration, telecommunications, automotive, industrial IoT, and enterprise platforms.
 
The company will use the June 2024 funding to address market demand from the technology supply chain for software and hardware intellectual property.

## Funding rounds

- Series B, Apr 24, 2024, $36M — Chevron Technology Ventures, Legal & General Investment Management, Oxford Sciences Enterprises, Addition, Braavos Investment Advisers
- Series A, Dec 29, 2021, $20M — Oxford Sciences Enterprises, Crane Venture Partners, Addition
- Seed, Apr 1, 2020, $4.9M — Oxford Sciences Enterprises, Kindred Capital, Crane Venture Partners

## Investors

- Oxford Sciences Enterprises (https://capitalatlas.ai/funds/oxford-sciences-enterprises) — Seed, Series A, Series B
- Kindred Capital (https://capitalatlas.ai/funds/kindred-capital) — Seed
- Crane Venture Partners (https://capitalatlas.ai/funds/crane-venture-partners) — Seed, Series A
- Addition (https://capitalatlas.ai/funds/addition) — Series A, Series B
- Chevron Technology Ventures (https://capitalatlas.ai/funds/chevron-technology-ventures) — Series B
- Legal & General Investment Management (https://capitalatlas.ai/funds/legal-general-investment-management) — Series B
- Braavos Investment Advisers (https://capitalatlas.ai/funds/braavos-investment-advisers) — Series B