Learning Time: 2 minutes
- Challenge 11 has raised $6 million in a funding round led by Mute Capital
- The company has unveiled plans to form cryptography proof against quantum computing threats
- Its founders have mentioned the know-how targets to offer protection to digital infrastructure in a “put up-quantum world”
Challenge 11, a newly launched endeavor engrossing about constructing cryptographic tools to resist quantum computing, has secured $6 million in seed funding. The company says it’s tackling one of many most pressing however overpassed challenges in cybersecurity: how to stable digital resources earlier than quantum computer systems can fracture latest encryption standards. This risk, greatest lately even handed a few years away, is becoming a extra tangible risk with elevated evaluation into quantum computing, forcing our bodies admire Challenge 11 to behave.
A Bustle In opposition to Time
Quantum computing, though peaceable in its infancy, carries the tall risk of being in a jam to upend the foundations of digital security. Algorithms admire RSA and ECC, which underpin most of at the present time’s stable cyber internet communications, are weak to being cracked by quantum machines, which might also wreak havoc on blockchains, reversing transactions and double-spending money en masse.
Challenge 11, which has been launched by a team of engineers and security researchers, says it’s aiming to construct up earlier than that risk earlier than it turns into a fact:
On the present time we’re announcing a $6 million seed round at Challenge Eleven, to manufacture a quantum-appealing future for digital resources. The seed round was once co-led by @variantfund and @Quantonation with participation from @CastleIslandVC, @Nebularvc, and @formation_vc.
Why this matters: Quantum…
— Challenge 11 (@qdayclock) June 19, 2025
Building Quantum Resilience
Challenge 11 is increasing what it describes as a “stable-by-default” platform that can also merit corporations and governments transition safely to put up-quantum cryptography. While precise particulars of their tech stack live below wraps, Challenge 11 positions itself as a excellent response to what it sees as inevitable replace: the day when quantum computer systems are extremely effective ample to decrypt gift cryptographic protocols.
Though quantum threats are peaceable hypothetical for now, establishments including the Nationwide Institute of Standards and Technology and the Nationwide Security Agency have already begun pushing for put up-quantum standards. Provided that tech giants resembling IBM and Google are already experimenting with quantum computing, the delivery of Challenge 11 is neatly-timed.
