QuintessenceLabs raised $20 million in a funding round led by the National Reconstruction Fund. This funding will be used to expand manufacturing facilities and enhance international presence.
Amount Raised
A$20 Million
Round Type
Funding Round
CanberraSecurityInvestors
Description
Canberra-based tech company QuintessenceLabs leads the funding round-up this week, with a $20 million funding round led by the federal government’s National Reconstruction Fund (NRF). According to the Australian Financial Review, the NRF is contributing $15 million to the round, which QuintessenceLabs says will support plans to expand its manufacturing facilities and international presence. A number of existing investors also participated in the round, including CSIRO-backed Main Sequence, InterValley Ventures, and the venture arm of Canadian telecommunications company Telus. Founded in 2005 by Dr Vikram Sharma, QuintessenceLabs specialises in quantum-enhanced cyber security tools.
Quick answer
QuintessenceLabs raised A$20 Million in a Funding Round round, dated April 4, 2025. Investors: InterValley Ventures, Main Sequence, Telus and National Reconstruction Fund. QuintessenceLabs is based in Canberra, Australian Capital Territory, Australia.
- How much did QuintessenceLabs raise?
- QuintessenceLabs raised A$20 Million in a Funding Round round on April 4, 2025.
- Who invested in QuintessenceLabs?
- InterValley Ventures, Main Sequence, Telus and National Reconstruction Fund are named as investors in this round.
- 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.
Who else raised in Security around the same time
Companies in the same sectors as QuintessenceLabs that raised within 45 days of this round, from Fundz verified event records.
- BreachRx raised $15M (Series A) on May 19, 2025.
- Spektrum Labs raised $7.2M on May 16, 2025.
- Kovr.ai raised $3.6M (Seed) on May 14, 2025.
- Sotero raised $616K (Seed) on May 14, 2025.
- ClearVector raised $13M (Series A) on May 13, 2025.
- Saildrone raised $60M (Funding Round) on May 13, 2025.
Who to call at QuintessenceLabs, and when
A new round usually means QuintessenceLabs is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day QuintessenceLabs raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at QuintessenceLabs, from your own LinkedIn network
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Related People
QuintessenceLabs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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