Cavero Quantum (Growth Capital)

Funding Details
Awarder
SemiNews
Date Award
June 26, 2024
Vertical
Cybersecurity
Funding URL
View Funding Page

Company Info
Organizations Involved
University of Leeds, Northern Gritstone
Founders
Professor Ben Varcoe, Dr. Frey Wilson
Company Description
Cavero Quantum Ltd, a University of Leeds spinout, has developed a new passwordless encryption technology for secure key generation and authentication. The technology is compatible with legacy hardware, requires little bandwidth, and has the potential to be secure against cyber attacks by quantum computers. It aims to replace multi-factor authentication and one-time passwords with a high-security, frictionless, password-less form of authentication.
Location
Leeds, UK
Coinvestors
Northern Gritstone

Links
Back to Home Back to Cybersecurity Deals View Funding Announcement