About PQShield
PQShield is a company based in Oxford (United Kingdom) founded in 2018 by Ali El Kaafarani.. PQShield has raised $65.33 million across 8 funding rounds from investors including UK Research and Innovation, Oxford University Innovation and Oxford Science Enterprises. PQShield offers products and services including PQCryptoLib, PQSDK, PQPlatform-Hash, PQPlatform-Lattice, and PQPerform-Lattice. PQShield operates in a competitive market with competitors including QNu Labs, Nu Quantum, QuintessenceLabs, ID Quantique and Aegiq, among others.
- Headquarter Oxford, United Kingdom
- Founders Ali El Kaafarani
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Pqshield Ltd
- Date of Incorporation 30 May, 2018
- Jurisdiction SUMMERTOWN, OXFORD
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$65.33 M (USD)
in 8 rounds
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Latest Funding Round
$37 M (USD), Series B
Apr 24, 2024
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Investors
UK Research and Innovation
& 9 more
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Employee Count
Employee Count
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Products & Services of PQShield
PQShield offers a comprehensive portfolio of products and services, including PQCryptoLib, PQSDK, PQPlatform-Hash, PQPlatform-Lattice, and PQPerform-Lattice. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Flexible library for post-quantum and classical cryptographic algorithms.
OpenSSL layer to avoid vendor lock-in for cryptography implementations.
Compact and efficient secure hash acceleration for devices.
Lattice-based PQC engine compliant with security standards.
High-throughput PQC hardware for key encryption tasks.
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Funding Insights of PQShield
PQShield has successfully raised a total of $65.33M across 8 strategic funding rounds. The most recent funding activity was a Series B round of $37 million completed in April 2024. 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.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series B — $37.0M
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First Round
First Round
(30 Jul 2018)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Series B - PQShield | Valuation | Addition | |
| May, 2023 | Amount | Series A - PQShield | Valuation |
investors |
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| Jan, 2023 | Amount | Grant - PQShield | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in PQShield
PQShield has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include UK Research and Innovation, Oxford University Innovation and Oxford Science Enterprises. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment management services for science ventures are provided in Oxford.
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Founded Year | Domain | Location | |
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Investments in early-stage software companies are managed by the firm.
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Investments are made in early and growth-stage technology startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by PQShield
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - PQShield
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pqshield Comparisons
Competitors of PQShield
PQShield 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, Nu Quantum, QuintessenceLabs, ID Quantique and Aegiq, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based quantum cryptography solutions for secure communication are developed.
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| domain | founded_year | HQ Location |
Quantum cryptography systems are developed using single-photon technology.
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| domain | founded_year | HQ Location |
Quantum encryption-based data security solutions are provided.
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| domain | founded_year | HQ Location |
Network and data encryption solutions are provided using quantum technology.
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| domain | founded_year | HQ Location |
Quantum photonics hardware is developed for secure communications.
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| domain | founded_year | HQ Location |
Quantum solutions for secure digital communication are developed and provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pqshield
Frequently Asked Questions about PQShield
When was PQShield founded?
PQShield was founded in 2018.
Where is PQShield located?
PQShield is headquartered in Oxford, United Kingdom. It is registered at Oxford, Oxfordshire, United Kingdom.
Who is the current CEO of PQShield?
Ali El Kaafarani is the current CEO of PQShield. They have also founded this company.
Is PQShield a funded company?
PQShield is a funded company, having raised a total of $65.33M across 8 funding rounds to date.
What does PQShield do?
PQShield was founded in 2018 in Oxford, United Kingdom, and focuses on quantum computing solutions for secured communication. Post-quantum algorithms are employed to safeguard data against quantum threats. A cryptographic SDK is offered for mobile and server technologies, enabling protection of sensitive information, identities, and cybersecurity infrastructures. Services are extended to sectors including automotive, industrial, and manufacturing.
Who are the top competitors of PQShield?
PQShield's top competitors include QNu Labs, QuintessenceLabs and Nu Quantum.
What products or services does PQShield offer?
PQShield offers PQCryptoLib, PQSDK, PQPlatform-Hash, PQPlatform-Lattice, and PQPerform-Lattice.
Who are PQShield's investors?
PQShield has 10 investors. Key investors include UK Research and Innovation, Oxford University Innovation, Oxford Science Enterprises, Crane Venture Partners, and Addition.
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