KETS Quantum Security Raises a £3.1 Million ($4.4M USD) Series A Round

The funding round was led by Quantonation and Speedinvest with additional participation from Mustard Seed MAZE. KETS is a quantum security company developing chip-based Quantum Key Distribution (QKD) and Quantum Random Number Generator (QRNG) solutions. They are basing their solutions around an integrated photonics technology which they say will provide them with advantages in size, weight, power, and cost. The company is based in Bristol, UK, and is a spinout from the Quantum Engineering Technology Labs (QETLabs) at the University of Bristol. Additional information about this new funding for KETS is available in the news release posted on their website here.

June 10, 2021