Prague-based cybersecurity provider Wultra has closed a €6.8 million ($7.7 million USD) Series A funding round to scale its digital identity platform and fast-track the international expansion of its post-quantum authentication stack. The investment round was led by French venture capital firm Seventure Partners, with additional capital injections from ARIADNEXT co-founders Marc Norlain and Guillaume Despagne, alongside returning institutional backers J&T Ventures and Elevator Ventures (the venture arm of Raiffeisen Bank International). The fresh capital reserves will be used to grow headcount, secure large strategic financial customers, and extend the firm’s sovereign infrastructure footprint from its active regional hub in Singapore [...]

Prague startup Wultra has raised €6.8M in Series A funding led by Seventure Partners to scale its post-quantum banking authentication platform.

Wultra has raised €6.8 million in Series A funding to expand its post-quantum authentication and digital identity platform into global markets.