Project Eleven has raised $6 million to develop quantum-secure infrastructure for protecting digital assets against threats from quantum computing.
Amount Raised
$6 Million
Round Type
Funding Round
StanfordInformation TechnologySecurityCyber SecurityBlockchainInvestors
Description
Project Eleven has closed a $6 million fundraising round co-led by Variant Fund and Quantonation. This funding will help accelerate the development of next-generation cryptography to secure Bitcoin and other digital assets. The initiative aims to protect wallets with exposed public keys from quantum threats. Project Eleven is grateful for the support from its investors.
Quick answer
Project Eleven raised $6 Million in a Funding Round round, dated June 19, 2025. Investors: Castle Island Ventures, Nebular, Formation, Variant Fund and Quantonation. Project Eleven is based in Stanford, California, United States.
- How much did Project Eleven raise?
- Project Eleven raised $6 Million in a Funding Round round on June 19, 2025.
- Who invested in Project Eleven?
- Castle Island Ventures, Nebular, Formation, Variant Fund and Quantonation are named as investors in this round.
- What does Project Eleven do?
- Project Eleven is an applied lab focused on building quantum-secure infrastructure for protecting digital assets from future quantum computing threats.
- Where is Project Eleven based and how big is it?
- Project Eleven is based in Stanford, California, United States.
- Who are the decision-makers at Project Eleven?
- Fundz holds 1 contact at Project Eleven. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Security and Cyber Security around the same time
Companies in the same sectors as Project Eleven that raised within 45 days of this round, from Fundz verified event records.
- Dedge Security raised $4.6M (Seed) on June 2, 2025.
- Naoris Protocol raised $3M (Funding Round) on May 29, 2025.
- Taceo raised $5.5M (Seed) on July 31, 2025.
- Legion Security raised $30M (Series A) on July 30, 2025.
- Reach Security raised $10M on July 29, 2025.
- Prophet Security raised $30M (Series A) on July 29, 2025.
Who to call at Project Eleven, and when
A new round usually means Project Eleven is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Project Eleven raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Project Eleven, from your own LinkedIn network
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Related People
Project Eleven raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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