Marriott Harrison acted for Kindred and Crane on their investment in PQShield’s funding round, totalling £5.5m.
PQShield, which was spun out of Oxford University, is backed by Kindred Capital, Crane Venture Partners, Oxford Sciences Innovation and angel investors including Andre Crawford-Brunt, Deutsche Bank’s former global head of equities.
The company specialises in post-quantum cryptography and is developing quantum-secure cryptography, advanced solutions for hardware, software and communications to protect against the threat of quantum computing.
Corporate partner, David Strong (Picture), led the transaction and was assisted by corporate associate, Kerry Corrigan.
Law Firms: Marriott Harrison;