Quantum Bridge Technologies Closes $8 Million Series A Funding to Scale Distributed Cryptographic Architecture - Quantum Computing Report

Quantum Bridge Technologies Inc. (QBT) has finalized an $8 million Series A capital investment round led by Italian independent alternative asset manager Primo Capital SGR. The specialized funding round includes syndicate participation from institutional investors and venture funds including Wayra (Telefónica), Cadenza VC, the Club degli Investitori angel network, HPE, and Bacchus Venture Capital. When paired with prior capitalization rounds backed by entities such as Alumni Ventures and the University of Toronto, the closing of the Series A transaction brings the company’s total aggregate financing to $16 million USD. The private equity injection is allocated to expand engineering capacity and scale [...]

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