Wultra announced that it has raised €6.8 million in Series A funding to accelerate the global expansion of its post-quantum authentication and digital identity solutions. The round was led by Seventure Partners, with participation from new and existing investors.
The funding will be used to scale Wultra’s digital identity platform, accelerate the development of digital identity wallet capabilities, and support the rollout of the European Digital Identity Wallet ecosystem.
Wultra also plans to use the funding to expand internationally. After establishing a regional hub in Singapore, the company plans to grow its operations in the Middle East and the United States.
The capital will also support team growth, a stronger focus on large strategic customers, and the company’s long-term strategic objectives.
Wultra’s funding comes as organizations modernize digital identity systems to address AI-enabled identity fraud, including deepfakes.
The company said demand is also being driven by the transition to post-quantum security following the National Institute of Standards and Technology’s publication of post-quantum cryptography standards and industry efforts to meet emerging migration timelines from governments and industry bodies.
Wultra’s platform provides post-quantum authentication and digital identity solutions for banks and fintech companies.
The company’s technology is designed to strengthen security while supporting a smooth transition to new standards. Its platform includes quantum-resistant cryptography, developer-friendly tools, and a passwordless user experience aligned with global regulations.
Wultra said its solutions are trusted by financial institutions in more than 25 countries and are designed to meet requirements tied to upcoming directives such as PSD3/PSR1 and eIDAS 2.0.
The new investment follows a year of strategic expansion for the company. In August 2025, Wultra was named the only sample vendor for post-quantum authentication in the Gartner Hype Cycle for Digital Identity, 2025.
The company also expanded its global footprint in 2025 by opening an office in Singapore, one of Asia’s leading fintech hubs, to address rising demand across ASEAN.
Wultra said it now supports more than 70 clients across 25 countries and grew its team by nearly 50% over the past year.
The round also included digital identity angel investors Guillaume Despagne and Marc Norlain, co-founders of ARIADNEXT, who will support the company with their expertise and network.
Returning investors J&T Ventures and Elevator Ventures also joined the round.
KEY QUOTES:
“Last year was a highly dynamic period for Wultra. We expanded our product portfolio beyond authentication to cover the broader digital identity journey, from onboarding and identity proofing to user authentication, transaction authorization, and electronic signatures. We grew our team by nearly 50%, established a presence in Singapore, and now support more than 70 clients across 25 countries worldwide.”
Petr Dvorak, Founder and CEO of Wultra
“At Seventure Partners, we invest at the intersection of innovation and market readiness. Wultra sits precisely at that intersection: a team that has built a proven post-quantum-ready authentication solution already trusted by financial institutions across multiple markets. As the industry accelerates its transition to quantum-resilient infrastructure, we believe Wultra is uniquely positioned to define the next standard in digital identity for financial services.”
Julien Cazor, Venture Partner at Seventure Partners
“As Identity experts, we believe that quantum-resistant authentication solutions will play a key role in the emerging European wallet ecosystem. We have known Wultra for years as their customers, and we are convinced they will be a leader in this field.”
Guillaume Despagne and Marc Norlain
“We backed Wultra as the first Investor in 2022, and since then, we have seen consistent growth and the team’s ability to transform security products to post-quantum resistant technology. We’re proud to continue our partnership in this round and remain highly confident that the company’s strongest milestones are still ahead.”
Zuzana Ondrejová, Partner at J&T Ventures
“We see the accelerating need of the global banking industry to deploy post-quantum security solutions already today. Over the last year, Wultra has proven that they are ready to grow internationally.”
Maximilian Schausberger, Managing Director at Elevator Ventures
