Quantum Base has completed a fundraise
Quantum Base Holdings plc (AIM: QUBE) has successfully completed a US$5.7 million fundraise.
Quantum Base is a quantum science company developing a new global standard in authentication through its patented Q-ID solution, comprising unbreakable and non-replicable authenticity tags that can be applied across a wide range of products, significantly mitigating counterfeiting.
Oaklins Cavendish, one of Oaklins’ member firms in the UK, supported Quantum Base in its fundraise. The proceeds will provide growth working capital to strengthen the balance sheet and support investment in staffing, operations and development.
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