Quside, a Spanish company, is revolutionizing the way truly random numbers are generated, a fundamental building block for modern cryptography and cybersecurity. By leveraging the principles of quantum mechanics, Quside’s quantum random number generators (QRNGs) produce highly unpredictable and statistically perfect random numbers, significantly strengthening cryptographic protocols and protecting sensitive data. An interview with EIC Scaling showcases how the Spanish company is developing its quantum technology.
Founded seven years ago by a team of technically oriented researchers from the Institute of Photonic Sciences in Barcelona, Quside boasts a world-class team driving quantum innovation. Key individuals include Valerio Pruneri, a renowned inventor with numerous patents, and Carlos Abellan, a telecom engineer who played a key role in developing Quside’s QRNG technology.
Quside provides QRNGs to companies working in quantum key distribution and post-quantum cryptography, including Thales. The company has achieved significant technological and commercial milestones, such as establishing a scalable manufacturing process for photonic quantum chips and deploying its technology in Equinix data centers, demonstrating the readiness of quantum random number generation for immediate adoption.
Revolutionizing Random Number Generation with Quantum Mechanics
Quside, a Spanish company, is pioneering the development of groundbreaking quantum random number generators (QRNGs) that operate at the intersection of quantum physics and semiconductor technology. By leveraging the principles of quantum mechanics, Quside’s QRNGs produce highly unpredictable and statistically perfect random numbers, significantly strengthening cryptographic protocols and protecting sensitive data.
The company’s innovative approach enables the measurement of the quality of random numbers in runtime, a capability currently unmatched by any other device. This feature is crucial for the next generation of hardware, particularly in applications such as quantum key distribution (QKD) and post-quantum cryptography (PQC). Quside provides its QRNGs to various companies working in these fields.
A World-Class Team Driving Quantum Innovation
Quside was founded seven years ago by a team of technically oriented researchers from the Institute of Photonic Sciences (ICFO) in Barcelona. The company’s core team, including experts with PhDs in quantum physics, has developed and optimized its QRNG technology. Quside’s leadership, including Carlos Abellan, has successfully navigated the challenges of securing funding for a deep-tech company like Quside, especially in Europe.
The company’s approach combines equity investments, strategic partnerships, public funding, and competitive grants like the EIC Accelerator. Despite the cultural clash between investors and deep-tech companies, Quside achieved significant funding milestones in 2022 and 2023, including a successful Series A funding round and securing the EIC Accelerator grant and equity matching.
Technological and Commercial Milestones
A critical milestone for Quside was establishing a scalable manufacturing process for photonic quantum chips. This capability, achieved through a partnership with a high-volume manufacturer, is currently unique in the industry. While Quside designs and optimizes the manufacturing process, the actual production is outsourced to a specialized foundry, ensuring high-quality standards.
Quside has also achieved other significant commercial milestones, including the deployment of its technology in Equinix data centers. This strategic partnership allows for global accessibility and demonstrates the readiness of quantum random number generation for immediate adoption. Additionally, integrations with companies like Thales further solidify Quside’s position as a leading provider of quantum security solutions.
Accelerating Growth through EIC Scaling Club Membership
Quside joined the EIC Scaling Club to benefit from mentorship and networking opportunities. The company expects the Club to help address its current growth challenges and anticipate future ones. In addition, Quside hopes to gain more visibility and new connections with potential investors and customers.
The initial mentorship sessions within the Club highlighted the importance of building a robust ecosystem. Consequently, Quside has been actively working to strengthen its internal product strategy and external partnerships. Recent collaborations with companies like Equinix and Thales, as well as other upcoming partnerships, are key components of this strategy.
The EIC Scaling Club: A Curated Community for Deep Tech Scale-Ups
The EIC Scaling Club is a curated community where 120+ European deep tech scale-ups come together with investors, corporate innovators, and other industry stakeholders to spur growth. The top 120+ European deep tech companies are carefully selected from a pool of high-growth scale-ups that have benefited from EIC financial schemes, other European and national innovation programs, and beyond.
The EIC Scaling Club is an EIC-funded initiative run in partnership by Tech Tour, Bpifrance (EuroQuity), Hello Tomorrow, Tech.eu (Webrazzi), EurA, and IESE Business School.
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