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Fortaegis Secures $50M for Quantum-Safe Silicon Security

By Tech Desk · 2026-09-19 · 2 min read
A close-up view of a silicon wafer with intricate circuit patterns
Illustration: Tradingbird

An Amsterdam-based startup has raised significant capital to build hardware that generates encryption keys on the fly, aiming to neutralize future quantum threats to data privacy.

Fortaegis Technologies has closed a $50 million Series A funding round to scale the production of its security-focused silicon platform. The Amsterdam-based company aims to address the looming threat that quantum computers pose to current encryption standards by embedding security directly into the physical properties of the chip itself.

The investment, led by Serendipity Capital with participation from major semiconductor players like ASML and Tokyo Electron’s venture arm, signals a shift in how critical infrastructure protects data. Rather than relying on software-based cryptography, which can be vulnerable to sophisticated attacks, Fortaegis proposes a hardware-rooted approach that generates encryption keys dynamically and never stores them permanently on the device.

Security Rooted in Physical Silicon

Traditional security methods often rely on storing cryptographic keys in memory, creating a target for theft. Fortaegis’s architecture extracts random data from microscopic manufacturing variations in the silicon die. These unique physical traits act as a seed for generating encryption keys on demand. Because the keys are created dynamically and discarded after use, there is no permanent key storage to steal, effectively eliminating a major attack vector.

This method is designed to be quantum-resistant, meaning it remains secure even against future quantum computing capabilities. The company holds 17 patents for this technology, with 14 more pending. By moving the trust anchor from software to the physical hardware, the system aims to provide a robust defense against both current and future decryption threats.

Speed Gains in Machine Connections

Performance is a critical factor in adopting new security architectures, particularly for high-throughput AI workloads. Fortaegis reports that its secure machine-to-machine connections are over 200 times faster than conventional software-based cryptographic approaches. This speed advantage is crucial for data centers and autonomous systems where latency must be minimized without compromising security.

The trade-off for this speed and security integration is a more complex hardware deployment strategy. The company is currently scaling its Field-Programmable Gate Array (FPGA) solutions while developing dedicated Application-Specific Integrated Circuits (ASICs). This dual-track approach allows for immediate commercial availability through FPGAs while preparing for more efficient, custom silicon in the long term.

Strategic Backing and Market Focus

The investor lineup includes not just financial backers but also strategic partners from the semiconductor and industrial sectors. ASML, a key player in chip manufacturing, and Tokyo Electron’s venture capital arm have joined the round. This alignment suggests that the technology is being integrated at the foundational level of hardware supply chains, potentially influencing how secure chips are manufactured and deployed globally.

Fortaegis is targeting specific high-stakes markets, including AI data centers, defense, and telecommunications. The capital raised will be used to expand FPGA deployments across the US, Europe, Singapore, and Japan. According to reporting from GN auto tech/hardware: computing hardware, the company is positioning itself as a critical infrastructure provider for sectors where data integrity is non-negotiable.

Based on reporting by Quantum Computing Report, compiled by the Tradingbird desk.

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