About evolutionQ
evolutionQ is a company based in Waterloo (Canada) founded in 2015 by Michele Mosca and Norbert Lutkenhaus. evolutionQ has raised $6.05 million across 2 funding rounds from investors including Quantonation and The Group Ventures. The company has 49 employees as of May 27, 2025. evolutionQ offers products and services including BasejumpQDN, BasejumpSIM, MultimodalKES, Quantum Risk Assessment, and Quantum Briefing. evolutionQ operates in a competitive market with competitors including QNu Labs, QuSecure, Crypto Quantique, ISARA and IronCore Labs, among others.
- Headquarter Waterloo, Canada
- Employees 49 as on 27 May, 2025
- Founders Michele Mosca, Norbert Lutkenhaus
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Sectors
Technology
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Email
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Phone
Locked
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Website
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Social
Locked
- Legal Name Evolutionq Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$6.05 M (USD)
in 2 rounds
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Latest Funding Round
$549.15 K (USD), Series A
Feb 05, 2025
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Investors
Quantonation
& 1 more
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Employee Count
49
as on May 27, 2025
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Products & Services of evolutionQ
evolutionQ offers a comprehensive portfolio of products and services, including BasejumpQDN, BasejumpSIM, MultimodalKES, Quantum Risk Assessment, and Quantum Briefing.
Enables deployment of quantum-safe networks using QKD for secure data transmission.
Simulates QKD networks in the cloud without physical devices for testing.
Provides long-term protection against classical and quantum cyber threats.
Analyzes IT systems for quantum vulnerabilities and recommends safeguards.
Offers workshops on quantum threats for business leaders.
Develops plans to address quantum computing risks in cybersecurity.
People of evolutionQ
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Funding Insights of evolutionQ
evolutionQ has successfully raised a total of $6.05M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $549.15 thousand completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in evolutionQ
evolutionQ has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Quantonation and The Group Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Quantonation is recognized as a venture capital fund focused on quantum and physics-based technologies.
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The Group Ventures is engaged in funding and supporting tech ventures.
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Investor details for evolutionQ
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Investments & Acquisitions by evolutionQ
Investment portfolio details for evolutionQ
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Financial Statements - evolutionQ
Detailed financials for evolutionQ
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Evolutionq Comparisons
Peer comparison for evolutionQ
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Competitors of evolutionQ
evolutionQ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as QNu Labs, QuSecure, Crypto Quantique, ISARA and IronCore Labs, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based quantum cryptography solutions for secure communication are developed.
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Provider of quantum security management solutions
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Quantum-resistant cybersecurity solutions are developed for IoT and semiconductors.
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Post-quantum encryption-based data security solution
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End-to-end encryption software for secure data transfer is provided.
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Detailed competitors of evolutionQ
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Latest news on Evolutionq
Complete news archive for evolutionQ
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Frequently Asked Questions about evolutionQ
evolutionQ was founded in 2015 and raised its 1st funding round 7 years after it was founded.
evolutionQ is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Michele Mosca is the current CEO of evolutionQ. They have also founded this company.
evolutionQ is a funded company, having raised a total of $6.05M across 2 funding rounds to date.
As of May 27, 2025, the latest employee count at evolutionQ is 49.
EvolutionQ was founded in 2015 in Waterloo, Canada, and operates in the quantum cybersecurity sector. Software solutions for building and simulating quantum key distribution networks are developed, alongside integration of post-quantum cryptography for layered security against quantum threats. Quantum risk assessments and consulting services are also offered to organizations transitioning to quantum-resistant infrastructures. These tools are designed for scalability across diverse network settings.
evolutionQ's top competitors include QNu Labs, Crypto Quantique and QuSecure.
evolutionQ offers BasejumpQDN, BasejumpSIM, MultimodalKES, Quantum Risk Assessment, and 2 more products and services.
evolutionQ has 2 investors. Key investors include Quantonation, and The Group Ventures.