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Stockreport

PQShield secures $37M more for ‘quantum resistant' cryptography [TechCrunch]

Microchip Technology Incorporated (MCHP)  More Company Research Source: TechCrunch
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Security startup PQShield has gotten an early start on that concept with a focus on “post-quantum” cryptography: software and hardware solutions that, in theory, are future-proofed, capable of withstanding even hacks one day carried out using the most powerful quantum machines. Now, to meet industry demand to build hardware and related systems based on its work, the company is announcing a further $37 million in funding. Addition, Lee Fixel's investment firm, led this Series B with other strategic and financial backers including Chevron Technology Ventures, Legal & General and Braavos Capital (all new investors) and previous backer Oxford Science Enterprises. Addition also led PQShield's Series A in 2022 . (We asked but the startup is not disclosing valuation.) Ali El Kaafarani, a mathematics academic from Oxford who founded and leads the startup (which was also founded in Oxford), said the funding will be going towards hiring more talent and working more closely with its curre [Read more]
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Stockreport

PQShield secures $37M more for ‘quantum resistant' cryptography [TechCrunch]

Microchip Technology Incorporated  (MCHP) 
More Company Research Source: TechCrunch
Last microchip technology incorporated earnings: 2/4 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: microchip.com/investors
Security startup PQShield has gotten an early start on that concept with a focus on “post-quantum” cryptography: software and hardware solutions that, in theory, are future-proofed, capable of withstanding even hacks one day carried out using the most powerful quantum machines. Now, to meet industry demand to build hardware and related systems based on its work, the company is announcing a further $37 million in funding. Addition, Lee Fixel's investment firm, led this Series B with other strategic and financial backers including Chevron Technology Ventures, Legal & General and Braavos Capital (all new investors) and previous backer Oxford Science Enterprises. Addition also led PQShield's Series A in 2022 . (We asked but the startup is not disclosing valuation.) Ali El Kaafarani, a mathematics academic from Oxford who founded and leads the startup (which was also founded in Oxford), said the funding will be going towards hiring more talent and working more closely with its curre [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MCHP
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS