4 years ago

Aegiq Secures £1.8 Million Seed Funding to Advance Quantum Networking Technology

  • Aegiq, a UK-based quantum networking technology startup, has raised £1.8 million in seed funding

  • The round was led by High-Tech Gründerfonds, with participation from Deepbridge Capital and angel investors

  • The company develops quantum photonics-based solutions for secure communication in the quantum computing era

  • The funding will be used to unlock new opportunities for customers and further develop its technology.

      • ProblemTechnology

      "Existing encryption methods are vulnerable to being broken by powerful quantum computers, putting sensitive data at risk."

      Solution

      "Aegiq develops quantum networking technology, including semiconductor components that emit indistinguishable photons, enabling quantum key distribution (QKD). QKD offers encryption resistant to quantum computer attacks, ensuring secure communication in the quantum computing age."

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