SEALSQ Corp , a trailblazer in semiconductor and post-quantum cryptography technology, has successfully secured $60 million in funding through a series of registered direct offerings.
This milestone funding is set to propel advancements in post-quantum semiconductor technology and ASIC development within the U.S., while also supporting the company’s broader corporate goals.
The funding initiative began with a $10 million offering announced on December 12, 2024, followed by additional offerings that collectively added $50 million. These strategic moves position SEALSQ as a key player in the rapidly evolving post-quantum technology landscape.
On December 16, 2024, SEALSQ unveiled details of its additional offering, priced above market in compliance with NASDAQ regulations. Shares were offered at $1.90 each under a securities purchase agreement with institutional investors. Maxim Group LLC acted as the exclusive placement agent, ensuring a smooth execution of the offering.
Originally slated for a December 17 closure, the company updated the expected timeline to December 19 to accommodate customary conditions. SEALSQ maintained transparency throughout, providing comprehensive details under a shelf registration statement on Form F-3 filed with the Securities and Exchange Commission (SEC).
By December 19, the company confirmed the offering’s successful completion, reaching the $60 million total funding mark. This capital injection reflects investor confidence in SEALSQ’s strategic vision and technological potential.
SEALSQ’s CEO, Carlos Moreira, emphasized the transformative potential of the newly acquired funds. The company plans to channel this capital toward advancing post-quantum chip technologies, which are critical for the future of secure digital communication and data protection.
With this funding, SEALSQ is well-positioned to lead the charge in post-quantum innovation, creating semiconductors equipped to withstand the computational power of quantum computing. This forward-thinking approach not only aligns with emerging technological trends but also underscores SEALSQ’s commitment to shaping a secure digital future.
The successful fundraising underscores SEALSQ’s reputation as a trusted innovator in the semiconductor industry. By leveraging these funds, the company aims to accelerate the deployment of post-quantum technologies and establish itself as a global leader in this niche.
As quantum computing continues to evolve, the need for robust, quantum-resistant solutions has become paramount. SEALSQ’s efforts to pioneer post-quantum semiconductor technology highlight its dedication to meeting these challenges head-on, setting the stage for a more secure and technologically advanced world.
