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Czech Wultra raises €6.8M Series A to expand its post-quantum digital identity platform, led by Seventure Partners with participation from ARIADNEXT founders and J&T Ventures.
Elevator VenturesJ&T VenturesGuillaume DespagneMarc NorlainSeventure Partners
Description
Prague-based Wultra has secured €6.8 million in Series A funding to accelerate its international expansion and product development. Led by Seventure Partners, this round will fund growth into the Middle East and US. Wultra's solutions are designed to replace legacy authentication methods with post-quantum technologies. The investment will also enhance the development of digital identity wallet capabilities for upcoming regulatory frameworks.
Company Information
Company
Wultra
Location
Prague, Oklahoma, United States
About
Wultra is a Czech cybersecurity startup focused on developing post-quantum authentication technology. Their solutions aim to protect financial transactions from the cyber threats posed by quantum computers. Wultra's technology features NIST-endorsed quantum-resistant cryptography and supports passwordless authentication. The company serves clients including major banks and fintech firms, delivering innovative security solutions to the financial sector.
PragueInformation TechnologySecurityCyber SecurityNetwork Security