Media Coverage
Media Coverage
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Thomas
07.02.24
Pillsbury has advised Chevron Technology Ventures (CTV) on its recent investment into PQShield, a cybersecurity company specializing in post-quantum cryptography (PQC).
The $37 million funding round was led by Addition, with participation from Legal & General, Braavos Capital and existing backers Oxford Science Enterprises, in addition to CTV.
PQShield’s cryptographic solutions help facilitate the transition to quantum security throughout the global technology supply chain. According to a company press release, PQShield will use the funding to expand its commercial operations as it continues to meet growing global demand for its quantum-ready cryptographic solutions for hardware, software and communications, as well as its research IP.
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The London-based Pillsbury deal team representing CTV was led by Corporate partner Nick Burgess and counsel Christian Holbrook.