Synergy Quantum closes pre-series A funding round

Synergy Quantum

Synergy Quantum is a provider of industry solutions using Quantum Technologies based in Geneva, Switzerland. It raised an undisclosed amount through Pre-Series A financing.

The identities of the round backers have not been disclosed.

The company plans on using the funds to expand its team as well to increase its marketing efforts.

Jay Oberai, CEO, leads Synergy Quantum, which provides a Post-Quantum Encrypted future-proof close communication network. There are patents filed. This network is expanding to the banking sector, Government National Identity Programs and secure microchips.

Three contracts were signed by the company with a Swiss Private Bank. They covered client communication and data protection, research and design of a post quantum encrypted secure chip with an important European Semiconductor firm, as well as the development of quantum satellite communications with the Quantum Mission of India.

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