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Project Eleven

Raised $20M in a Series A round, announced 15 January 2026.

Round

Project Eleven raised a $20 million Series A to prepare crypto networks for post-quantum threats.

Amount: $20M
Stage: Series A
Announced: 15 January 2026
Lead: Castle Island Ventures
Other investors: Coinbase Ventures, Fin Capital, Variant, Quantonation, Nebular, Formation, Lattice Fund, Satstreet Ventures, Nascent Ventures, Balaji Srinivasan
Valuation: $120M
Checked: Amount and date matched across 2 press sources

Company

Develops post-quantum cryptography protection for crypto networks against future quantum computing threats.

Sector: Fintech

Founder

Alex Prudenco-founder and CEOLinkedIn ↗

Sources and links

Sources: Post-quantum crypto startup Project Eleven raises $20 million in funding round - CoinDesk news.google.com
Project Eleven raises $20 million Series A at $120 million valuation to prepare crypto networks for post-quant news.google.com
LinkedIn: Alex Pruden ↗

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