Quside Extends Series A Round with Additional Investors

We reported on that January Side has received a Series A run in the single digit millions in rounds led by Trump Ventures. They have now announced that they have received additional funding in this round including Catalan Institute of Finance (ICF) and some business angels. This increased the total fund to over €10 million ($10.8 million USD). Quside is a spin-off of the Institute of Photonic Sciences (ICFO) from Barcelona and develops Quantum Random Number Generators (QRNG). The company will use the funds to add additional members to its team, accelerate its sales and marketing efforts, and increase the scalability of its technology. Additional details are available in a blog post on their website Here.

July 6, 2023