Financials

Estimates*

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Revenues, earnings & profits over time
USD2019202120222023
Revenues<1m2.7m3.2m3.9m
% growth--19 %22 %
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DateInvestorsAmountRound
-

N/A

-

N/A

Spinout

€50.0k

Grant
*

€35.0k

Support Program
*

€1.0m

Series A

€2.5m

Grant

N/A

Early VC
*

€10.0m

Series A
Total FundingCAD20.4m

Recent News about QuSide

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More about QuSideinfo icon
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Quside is a cutting-edge startup specializing in quantum technologies aimed at enhancing secure connectivity and efficient computation. The company focuses on developing Quantum Random Number Generators (QRNGs), which produce truly random numbers by leveraging the unpredictable nature of quantum mechanics. These random numbers are crucial for creating strong cryptographic foundations, which are essential for secure communications and data protection.

Quside serves a diverse range of clients, including enterprises that require robust security for their applications and networks, as well as scientific organizations operating in challenging environments. The company operates in the quantum technology market, which is rapidly growing due to increasing demands for advanced security solutions and efficient computational platforms.

The business model of Quside revolves around the development and sale of high-performance QRNG hardware and integrated solutions. They offer products like the QUSIDE FMC Series and QUSIDE PCIe Series, which provide varying levels of performance and interface options to meet different client needs. Additionally, Quside collaborates with customers to integrate their quantum entropy products into novel cloud-based security infrastructures and high-security endpoints.

Quside generates revenue by selling its QRNG hardware and related solutions. They also likely engage in partnerships and collaborations, providing custom solutions that leverage their quantum technology expertise. The company invests heavily in research and development to maintain its position at the forefront of quantum technology innovation.

In summary, Quside is a pioneering company in the quantum technology sector, providing essential tools for secure communications and efficient computing. Their focus on QRNGs ensures that their clients can achieve unparalleled cryptographic security and computational efficiency.

Keywords: Quantum Technology, QRNG, Secure Connectivity, Efficient Computation, Cryptographic Security, Enterprise Solutions, Scientific Applications, Hardware Platform, Quantum Entropy, Research and Development.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.