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Project 11 develops quantum computing algorithms and software tools for complex computational tasks.
Founded in 2024, Project 11 develops quantum computing algorithms and software tools for industries including finance, healthcare and logistics. In January 2026, it raised USD 20 million in Series A funding led by Castle Island Ventures, with participation from Nebular Management, Quantonation, Variant, Satstreet Inc., Nascent Ventures and Lattice Capital Management. The funding is intended to support post-quantum migration tools, readiness assessments and crypto network test environments.
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