Back to Startups

Project Eleven

About Project Eleven

Project Eleven is focused on developing quantum-resistant cryptographic solutions to address the vulnerabilities posed by quantum computers to today's public-key cryptography, particularly in light of Shor's algorithm.

Business Information
Target Customers
enterprise government financial institutions technology companies
Industry Categories
Cybersecurity Deep Tech
Business Model
Revenue Model B2B SaaS
Pricing Strategy Custom pricing based on enterprise needs
Sales Channels direct sales, partnerships with cybersecurity firms
Funding Timeline
Round Date Amount Investors
Seed Jun 19, 2025 $6.0M variantfund, Quantonation, CastleIslandVC +2 more
Founders

No founder information available.

Investors
C
CastleIslandVC

Venture Capital

N
Nebularvc

Investor

Q
f
v
variantfund

Venture Capital

Recent Mentions
ConorDeegan4
Conor Deegan @ConorDeegan4
Jun 19, 2025

It's been a busy few months. Happy to say we, Project Eleven (@qdayclock) have raised a $6 million seed round co-led by @variantfund and @Quantonation, with backing from @CastleIslandVC, @Nebularvc, and @formation_vc. Quantum computers will break today’s public-key crypto; Shor

qdayclock
Project 11 @qdayclock
Jun 19, 2025

Today we’re announcing a $6 million seed round at Project Eleven, to build a quantum-ready future for digital assets. The seed round was co-led by @variantfund and @Quantonation with participation from @CastleIslandVC, @Nebularvc, and @formation_vc. Why this matters: Quantum