When was PQShield founded?

PQShield was founded in 2018 and raised its 1st funding round within a year of its incorporation.

Where is PQShield located?

PQShield is headquartered in Oxford, United Kingdom. It is registered at 267 (Prama House) Banbury Road, Summertown, Oxford, OX2 7HT.

Who is the current CEO of PQShield?

Ali El Kaafarani of PQShield. They have also founded 1 company.

Which legal entities is PQShield associated with?

PQShield is associated with PQSHIELD LTD and 1 other.

How many employees does PQShield have?

As of Sep 30, 2026, the latest employee count at PQShield is 101.

Is PQShield a funded company?

PQShield is a funded company, having raised a total of $65.3M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 30, 2018.

How much is PQShield worth?

The latest valuation of PQShield is £***** as of Apr 24, 2024.

When was the latest funding round of PQShield?

PQShield's latest funding was a $***** Series B round on Apr 24, 2024, with participation from 5 investors.

Where does PQShield rank among its competitors?

PQShield ranks 6th amongst 247 active competitors, of which 45 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was QNu Labs, which secured $21M in Sep, 2026.

Who are the top competitors of PQShield?

PQShield's top competitors include QNu Labs, QuintessenceLabs and SandboxAQ. Among them, QNu Labs secured the most recent funding round in September, 2026.

PQShield - 2026 Company Profile, Team, Funding, Competitors & Financials

PQShield is a series B company based in Oxford (United Kingdom), founded in 2018 by Ali El Kaafarani. It operates as a Provider of quantum computing solutions for secured communication. PQShield has raised $65.3M in funding from investors like Addition, Oxford University Innovation and Kindred Capital, with a current valuation of £*****. The company has 247 active competitors, including 45 funded and 8 that have exited. Its top competitors include companies like QNu Labs, QuintessenceLabs and SandboxAQ.

Company Details

Provider of quantum computing solutions for secured communication. It uses post-quantum algorithms to protect data. It also uses a cryptographic SDK for mobile and server technologies that can protect sensitive information, identities, and cybersecurity infrastructures. It provides solutions to industries, such as the automotive, industrial, and manufacturing industries.

Website: pqshield.com
Social
Registered Address: 267 (Prama House) Banbury Road, Summertown, Oxford, OX2 7HT

Key Metrics

Founded Year

2018

Location

Oxford, United Kingdom

Stage

Series B

Total Funding

$65.3M in 8 rounds

Latest Funding Round

Series B, Apr 24, 2024, $*****

Post Money Valuation

£***** as on Apr 24, 2024

Investors

Addition & 15 more

Ranked

6^th among 247 active competitors

Employee Count

101 as on Sep 30, 2026

Similar Companies

QNu Labs & 169 more

View PQShield's full profile

PQShield is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Pqshield Ltd CIN: 0782.762.482 , Belgium, Active	Mar 01, 2022	-	-	-
PQSHIELD LTD CIN: 11388567 , United Kingdom, Active	May 29, 2018	-	8 (As on Jan 31, 2021)

PQShield has raised a total funding of $65.3M over 8 rounds. Its first funding round was on Jul 30, 2018. Its latest funding round was a Series B round on Apr 24, 2024 for $*****. 5 investors participated in its latest round. PQShield has 13 institutional investors and 3 angel investors.

Here is the list of recent funding rounds of PQShield:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 24, 2024	8041190	Series B	8242255	8708980	6900736	8518848
May 04, 2023	8894330	Series A	2194932	2935562	4560838	6941093
Jan 31, 2023	2245237	Grant (prize money)	4212529	3663213	5651795	Ukri

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View details of PQShield's funding rounds and investors

The founders of PQShield is Ali El Kaafarani. Ali El Kaafarani is the CEO of PQShield.

Here are the details of PQShield's key team members:

Ali El Kaafarani: Founder & CEO of PQShield. They serve on the board of 1 company.
Contact Info: 1 email address

PQShield's Board of Directors

PQShield's board has 5 active members. Ali El Kaafarani is part of team and Todd Arfman, Alastair John Stewart, Sam Aleksander Harman and Antonio Jose Florindo Viana are independent board members.

Here is the list of PQShield's board of directors:

Name	Type	Representing	Status	Duration
Ali El Kaafarani	Team	-	Current	8y 4m
Todd Arfman	Independent board member	-	Current	2y 5m
spfmgfd	Independent board member	-	Current	6y 4m
yaqrzxi	Independent board member	-	Current	1y 9m
tnvbmnl	Independent board member	-	Current	1y 2m

View details of PQShield's Founder profiles and Board Members

PQShield's employee count trend

PQShield has 101 employees as of Sep 26. Here is PQShield's employee count trend over the years:

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Top competitors of PQShield include QNu Labs, QuintessenceLabs and SandboxAQ. Here is the list of Top 10 competitors of PQShield, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	QNu Labs 2016, Bengaluru (India), Series A	Provider of quantum cryptography solutions, key distribution, random number generation	$43.3M	Speciale Invest, National Quantum Mission ... & 103 others	70/100
2nd	QuintessenceLabs 2008, Canberra (Australia), Series B	Provider of quantum cybersecurity solutions, including key management and distribution	$52.7M	Main Sequence, Westpac & 23 others	67/100
3rd	SandboxAQ 2022, Palo Alto (United States), Series E	Developer of quantitative artificial intelligence models for various industry applications	$950M	T. Rowe Price, Breyer Capital & 34 others	64/100
4th	SEALSQ 2022, Cointrin (Switzerland), Public	Manufacturer of semiconductor chips, embedded firmware, and other products	-	-	62/100
5th	BTQ 1998, Vancouver (Canada), Public	Provider of a platform offering post-quantum blockchain scaling solution	-	Quadrilium Ventures, A.G.P. Canada	61/100
6th	PQShield 2018, Oxford (United Kingdom), Series B	Provider of quantum computing solutions for secured communication	$65.3M	Addition, Oxford Science Enterprises & 14 others	60/100
7th	Qunnect 2018, New York City (United States), Series A	Provider of telecommunications infrastructure services	$20.7M	Airbus Ventures, Motus Ventures & 12 others	57/100
8th	QuSecure 2019, San Mateo (United States), Series A	Provider of platform for cryptographic discovery, remediation, and compliance reporting	$28M	EvoNexus, Two Bear Capital & 2 others	56/100
9th	Naoris Protocol 2017, Wilmington (United States), Series A	Provider of a platform offering a suite of cybersecurity solutions	$15.1M	Uniera.ir, weXelerate & 14 others	56/100
10th	LuxQuanta 2021, Barcelona (Spain), Series A	Provider of Quantum Key Distribution (QKD) systems and technologies	$9.26M	Big Sur Ventures, A&G & 7 others	56/100