About Quantum Cryptography
The Quantum Cryptography comprises 114 companies, including 33 funded companies having collectively raised $212M in venture capital money and private equity. Out of these, 14 are Series A+ funded.
Quantum Cryptography sector has seen 4 acquisitions.
This sector includes companies that provide encryption solutions leveraging quantum computing technology.
Companies included in Quantum Cryptography
Includes companies that provide various technologies in quantum cryptography such as Quantum key distribution and quantum RNG, among othersCompanies excluded in Quantum Cryptography
Excludes services providing Quantum security consulting. Companies building quantum computers and associated hardware are not covered here.Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Acquisitions
Top Companies in Quantum Cryptography
There are more than 114 companies in Quantum Cryptography. ID Quantique is the top Quantum Cryptography company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top Quantum Cryptography companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of network and data encryption solutions | Geneva (Switzerland) | 2001 | Acquired | $10.8M | |
Provider of quantum computing solutions for secure digital communication | Bristol (United Kingdom) | 2016 | Series A | $4.39M | |
Provider of telecommunications infrastructure services | New York City (United States) | 2018 | Series A | $20.6M | |
Provider of quantum computing solutions for secured communication | Oxford (United Kingdom) | 2018 | Series B | $65.3M | |
Manufacturer of quantum components for connected devices | Castelldefels (Spain) | 2011 | Series A | $10.9M |
Companies founded year-on-year in Quantum Cryptography
15 Quantum Cryptography startups were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 2 |
2024 | 8 |
2023 | 5 |
2022 | 8 |
2021 | 10 |
2020 | 9 |
2019 | 14 |
2018 | 15 |
2017 | 9 |
Companies founded across countries in Quantum Cryptography
United States has 27 Quantum Cryptography startups, the most by any country, followed by United Kingdom which has 11 startups and India which has 8.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 27 |
United Kingdom | 11 |
India | 8 |
Canada | 8 |
Israel | 5 |
Netherlands | 5 |
China | 4 |
Australia | 4 |
Germany | 4 |
Switzerland | 4 |
Stage-wise distribution of Quantum Cryptography
Out of the total 114 Quantum Cryptography companies, 33 have secured funding. Among them, 14 have reached Series A or higher, and 5 to Series B or beyond.
Founded - 114
Funded - 33
Series A+ - 14
Series B+ - 5
Series C+ - 4
Company Stage | No. of companies |
|---|---|
Founded | 114 |
Funded | 33 |
Series A+ | 14 |
Series B+ | 5 |
Series C+ | 4 |
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- 110+ Total Companies
- $212M+ Total Funding
- 30+ Funded Companies
- 4 Acquisitions
Funding Trends in Quantum Cryptography
Total funding year-on-year in Quantum Cryptography
Quantum Cryptography saw a total funding of more than $206M in the last 10 years. The most amount of funding was in 2021 at more than $46.6M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $20.9M |
2024 | $45.9M |
2023 | $32M |
2022 | $11.1M |
2021 | $46.6M |
2020 | $17.7M |
2019 | $12.7M |
2018 | $13.8M |
2017 | $290K |
Total funding across countries in Quantum Cryptography
In the last 10 years, Quantum Cryptography startups in United Kingdom have recieved the highest funding among all countries - $77.4M. United States follows with $54.8M and Spain with $27.8M.
- Total Funding
Country | Total Funding |
|---|---|
United Kingdom | $77.4M |
United States | $54.8M |
Spain | $27.8M |
France | $14.3M |
Germany | $4.97M |
Canada | $4.12M |
Switzerland | $3.57M |
India | $1.77M |
Denmark | $1.02M |
China | - |
Total funding amount raised by stage in Quantum Cryptography
Over the last 10 years, Quantum Cryptography have seen $27.6M into Seed Stage funding rounds and $154M into Early Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Early Stage | $154M |
Seed Stage | $27.6M |
Grant | $18.7M |
Debt | $1.24M |
Recent Funding Rounds in Quantum Cryptography
In the year 2025, till December 2025, Quantum Cryptography companies have raised $20.9M in equity funding across 5 rounds.
In the same period last year (i.e. till October 2024), Quantum Cryptography companies had raised $43.1M across 12 rounds.
So, 2025 has seen a 51.61% drop in funding in Quantum Cryptography companies as compared to 2024.
Here are some recent, important funding rounds in Quantum Cryptography:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 5341 | Dec 29, 2025 | - | |
Series A | 4679 | Oct 15, 2025 | ||
Seed | 1139 | May 21, 2025 | - | |
Seed | 9946 | Mar 09, 2025 | and 2 more | |
Series A | 8963 | Jan 21, 2025 |
Top Investors in Quantum Cryptography
Europa is the top investor in Quantum Cryptography companies based on number of companies invested.
Here are some top investors in Quantum Cryptography:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Paris (France) | ||
London (United Kingdom) | ||
Brussels (Belgium) | ||
Oak Ridge (United States) |
M&A activity in Quantum Cryptography
In the year 2025, till May 2025, 1 acquisition happened in Quantum Cryptography. Last year, in 2024, a total of 1 acquisition happened in Quantum Cryptography.
Here are some recent, important acquisitions in Quantum Cryptography:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | May 06, 2025 | ||
Business Acquisition | Nov 06, 2024 | ||
Business Acquisition | Apr 29, 2021 | ||
Business Acquisition | Feb 27, 2018 | ||
Business Acquisition | Sep 13, 2016 |
Acquisition trends in Quantum Cryptography
Here are the acquisition trends in Quantum Cryptography:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 1 |
2023 | - |
2022 | - |
2021 | 1 |
2020 | - |
2019 | - |
2018 | 1 |
2017 | - |
Colleges which produce the most Quantum Cryptography companies
Companies founded by alumni from top colleges in Quantum Cryptography
Most number of Quantum Cryptography startups have been founded by alumni from INSEAD, National University of Singapore (NUS) and BITS Pilani.
College | No. of companies |
|---|---|
INSEAD | 2 |
National University of Singapore (NUS) | 2 |
BITS Pilani | 1 |
IIT Bombay | 1 |
IIT Kharagpur | 1 |
IIT Madras | 1 |
Imperial College London | 1 |
London School of Economics and Political Science | 1 |
McMaster University | 1 |
Stanford University | 1 |
Total funding in companies founded by alumni from top colleges in the Quantum Cryptography
In the last 10 years, INSEAD and University College London graduates' Quantum Cryptography companies have raised the most funding among top colleges, and London School of Economics and Political Science alumni are third.
College | Total Funding |
|---|---|
INSEAD | $10.2M |
University College London | $10.2M |
London School of Economics and Political Science | $4.82M |
University of Bristol | $4.39M |
University of Oxford | $4.39M |
University of Waterloo | $4.39M |
Imperial College London | $2.26M |
BITS Pilani | $1.4M |
University of Toronto | $665K |
McMaster University | $50K |
Top News in Quantum Cryptography
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Turkcell, Juniper partner on quantum-ready 5G security
Capacity Media•Jun 26, 2025•Turkcell, Juniper Networks, ID Quantique
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Companies Partner for Quantum-Secure Satellite CommunicationsNew Electronics•Apr 14, 2025•Partisia Blockchain, Squareroot8 Technologies
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Quantum Xchange Receives FIPS 140-3 Certification for Phio TXBusiness Wire•Oct 30, 2024•Quantum Xchange
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PQShield and Si-Five collaborate to advance post-quantum cryptography in RISC-VPR Newswire•Aug 28, 2024•PQShield, SiFive
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