Lastwall Secures $16 Million Investment to Expand Quantum-Resilient Cyber Defense Operations Across Canada - Quantum Computing Report

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Lastwall Secures $16 Million Investment to Expand Quantum-Resilient Cyber Defense Operations Across Canada

Lastwall, an enterprise developer of identity-first authentication and quantum-resilient software architectures, has closed a $16 million Series A extension investment round. The financing loop was led by the Business Development Bank of Canada (BDC) via its newly initialized $300 million defense-relevant equity vehicle, the StrongNorth Fund, marking the fund’s inaugural placement into the cybersecurity vertical. The transaction also featured the largest single capital injection in the operational history of the New Brunswick Innovation Foundation (NBIF), alongside investment tranches from Frostbite Capital and returning venture backers Blue Bear Capital, BlueWing Ventures, and 18West.