Q*Bird, a Netherlands-based startup, has secured €2.5 million ($2.71M USD) in funding from QDNL Participations, Cottonwood Technology Fund, and regional economic development agency InnovationQuarter, to expedite the growth of its quantum security technology, Falqon®. Founded in 2022, Q*Bird specializes in quantum cryptography (QKD), offering provable security against all forms of attacks, including those from future quantum computers. The startup’s technology aims to safeguard data communications and digital infrastructure, with a particular focus on establishing secure foundations for the future ‘quantum internet.’ Q*Bird is currently engaged in a large-scale trial of its technology at the Port of Rotterdam and has secured a launch customer for Falqon.
Co-founder and CEO Ingrid Romijn envisions Q*Bird becoming a major supplier of quantum networking equipment globally. The funding will support the scaling up of Falqon sales and the development of additional products in the quantum security domain. The company’s innovative approach has garnered praise from investors and industry experts alike, positioning it as a key player in the evolving landscape of cybersecurity.
For additional information, you can access a press release Q*Bird has provided that you can see here.
May 28, 2024