Quintessencelabs Raises A$25 Million To Take Quantum Safe Cybersecurity Worldwide
Round Type
Convertible Note
CanberraSecurityDescription
QuintessenceLabs, a pioneer and leader in quantum cybersecurity solutions, announced today that it has recently raised a A$25 million round of capital funding led by Main Sequence and TELUS Ventures, with participation from Mizuho Financial Group-backed InterValley Ventures and Terry Snow’s Capital Property Group. This investment underscores QuintessenceLabs’ commitment of providing quantum safe crypto solutions and services to support security communities worldwide. Main Sequence is Australia’s deep tech investment fund, founded by Australia’s national science agency, CSIRO. TELUS Ventures is the strategic investment arm of TELUS Corporation and one of Canada’s most active and longest-standing corporate venture capital (CVC) funds.
Quick answer
QuintessenceLabs raised an undisclosed amount in a Convertible Note round, dated October 26, 2021. QuintessenceLabs is based in Canberra, Australian Capital Territory, Australia.
- How much did QuintessenceLabs raise?
- QuintessenceLabs raised an undisclosed amount in a Convertible Note round on October 26, 2021.
- What does QuintessenceLabs do?
- QuintessenceLabs is the leader in quantum-enhanced cybersecurity.
- Where is QuintessenceLabs based and how big is it?
- QuintessenceLabs is based in Canberra, Australian Capital Territory, Australia. Fundz records about 60 employees.
- Who are the decision-makers at QuintessenceLabs?
- Fundz holds 1 contact at QuintessenceLabs. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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