Aegiq Raises £1.8m For Quantum Networking Tech

Aegiq, a University of Sheffield spin-out developing networking technology that's secure in the quantum computing age, has raised £1.8 million in seed funding for its quantum photonics platform. 

Deepbridge Capital and angel investors provided funds alongside High-Tech Gründerfonds, bringing Aegiq's total funding to date to £3.5 million. Aegiq is also considering funds to join a second seed round of funding. 

Aegiq is developing a new generation of networking solutions utilising quantum security and data links. Using their proprietary hybrid photonics platform, they aim to solve key bottlenecks for communications both in space and on the ground. Recently spun out from The University of Sheffield and backed by leading venture capital funds they are currently recruiting a cross-disciplinary product development team. 

The networking solutions are centred around quantum photonics, a branch of science that uses quantum mechanics to encode, transmit and process information using particles of light. 

Aegiq is working on embedding these single-photon sources into sensing, communication or information processing systems. This includes communication fibres and satellite uplinks. 

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