Synergy Quantum Has Closed a Pre-series A Funding Round

Synergy Quantum is a started based in Geneva, Switzerland that was formed in 2018 to pursue products in the Post Quantum Encryption (PQE) security area. The amount of the funding round was not disclosed and the only information about the investors were that they consisted of Swiss and international private investors. In their news release Synergy Quantum noted that they are gaining customer traction with three contracts including projects with a Swiss Private Bank for a client communication and data protection app, a research and design project 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. The company will be using the funds to hire additional personnel and accelerate their marketing activities. Additional information is available in a news release that can be accessed here.

April 24, 2022