Synergy Quantum, a Geneva based quantum technology company, has completed a pre-series A funding round. The funding will be used to expand the team as well as to increase the marketing power of the start-up.
Swiss start-up founded in 2018, Synergy Quantum SA ensures that messages, document trails, ranging from private notes to finance and legal contracts, are encoded with Post-Quantum Encryption. The first applications of this technology are in the field of Corporate Messenger Apps, providing a secure communication platform between companies and their clients (e.g. for private banks, family offices, law firms, doctors).
The company has already signed three contracts with very different partners. “At Synergy Quantum, we are focused on building high impact industry solutions using Quantum Technologies. We are excited with the three recent contracts we have signed with a Swiss Private Bank for a client communication and data protection app, a research and design of a post quantum encrypted secure chip with a major European Semiconductor company, and the development of quantum satellite communication with the Quantum Mission of the Government of India.”
In addition to the partners, Synergy Quantum was able to attract investors. Swiss and international private investors led the financing round. The funding will be used to expand the team as well as to increase the marketing power of the start-up.
(Press release / SK)
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