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High Tech Series A Founded 2004

Projecteleven

Projecteleven is a provider of quantum computing technology for securing digital assets against quantum threats, leveraging applied quantum computing to deliver high-quality information on quantum computation, cryptography, and blockchains. The company focuses on protecting digital assets and blockchain infrastructure from the emerging threat posed by quantum computers, which could break current cryptographic…

📍 Stanford, United States · Quantum Computing,

Funding snapshot

Last roundSeries A
Amount$20M
Date14 January 2026
Total raised$26M
Valuation78,000 (Apr 25, 2026)
Team size14

About

Projecteleven is a provider of quantum computing technology for securing digital assets against quantum threats, leveraging applied quantum computing to deliver high-quality information on quantum computation, cryptography, and blockchains. The company focuses on protecting digital assets and blockchain infrastructure from the emerging threat posed by quantum computers, which could break current cryptographic algorithms used to secure cryptocurrencies and other digital assets. Projecteleven technology addresses the vulnerability of existing cryptographic systems by developing quantum-resistant security solutions that ensure digital assets remain protected even as quantum computing capabilities advance. The company serves the blockchain and cryptocurrency ecosystem, providing security infrastructure that enables protocols, exchanges, and wallet providers to transition to quantum-safe cryptography. By combining expertise in quantum computing and blockchain technology, Projecteleven aims to bridge the gap between theoretical quantum advances and practical security applications for digital assets. Founded in 2004 and headquartered in Stanford, United States, Projecteleven has raised 6 million at the Series A stage with investors including Variant Fund, Quantonation, Castle Island Ventures, Nebular, Formation, Coinbase, Fin Capital, Lattice, Satstreet, and Nascent.

Business model

Cybersecurity > Blockchain Security,

Quantum Computing > Applications > Cyber Security,

Blockchain Infrastructure > Enablers > Security

Institutional investors

Variant Fund Quantonation Castle Island Ventures Nebular Formation Coinbase Fin Capital Lattice Satstreet Nascent Balaji Srinivasan

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