The quantum computing industry witnessed exponential growth over recent years. As a result, the threat of quantum attacks on our communications is rapidly approaching a point when quantum computers will be able to crack all the existing encryption that protects our data.
£3.1M investment round
Bristol-based KETS Quantum Security is a quantum tech company passionate about solving real-world security issues by leveraging the advantages of quantum technologies.
Redefining the Future of Secure Communications, the company just bagged £3.1 million in funding to bring to market hardware to protect data from a new generation of cyberattacks that will use quantum computers. The round was co-led by Quantonation and Speedinvest, with participation from Mustard Seed MAZE.
The investment will be used to accelerate development, production, and delivery of first products. It will also allow KETS to expand key first trials of the technology in real-world applications and environments that are already in development. To deliver all of this, KETS will continue building a world-leading team passionate about the company’s technology and values. Furthermore, KETS will continue to expand into the global marketplace beyond its first international office following its recent expansion into Paris.
“In today’s world, we don’t go 30 seconds without touching digital technology of some kind, all of which is networked, none of which is quantum-safe,” said Dr Chris Erven, CEO and co-founder of KETS Quantum Security. “At KETS, we’ve made it our mission to protect the world’s most valuable resource—information—from the threat of quantum computing. This investment will allow us to make quantum-safe communications solutions ubiquitous and easily integrated. Ultimately, KETS is building a world in which we can trust our digital connections as much as our personal ones.”
Olivier Tonneau from Quantonation said, “KETS is reaching a key point in its story, with products that will now be available to deploy, bringing clients the world’s first on-chip, quantum-secured solutions protecting against the future threat of quantum computers.”
Rick Hao from Speedinvest said, “KETS is developing technology with a vision to solve some of the global cybersecurity challenges faced by the largest organisations by combining the power of quantum encryption technologies with the scalability and practicality of integrated, chip-based quantum photonics. Bristol is leading the world on building quantum technology hardware, and Speedinvest is excited to be backing great deep tech entrepreneurs here.”
Easily deployable hardware solutions
Current cybersecurity is threatened by powerful hardware, sophisticated algorithms and the emergence of quantum computing. KETS’ on-chip Quantum Key Distribution offers a practical solution by optically distributing secure cryptographic keys. Secret random numbers are at the heart of cryptography. Inferior generators can render communications insecure.
Established in 2016 by Chris Erven, Caroline Clark, and Jake Kennard, KETS Quantum Security develops a unique chip-based solutions provide ultra-low size power and weight without compromising performance. It develops protection against quantum security threats, starting with chip-based, quantum-safe encryption development kits.