New Technology Ventures
New Technology Ventures is a venture capital firm based in Newton, Massachusetts, established in 2015. The firm focuses on early-stage investments, particularly in sectors such as cybersecurity, software, healthcare, biomedical technology, technology-enabled services, and sustainable solutions. New Technology Ventures differentiates itself by leveraging a robust network that includes leading companies, academic institutions, and research centers to identify and evaluate investment opportunities. The firm adopts a collaborative approach, aligning incentives with technology developers, entrepreneurs, and management teams to foster successful enterprises. By actively participating in the strategic development and operational execution of its portfolio companies, New Technology Ventures emphasizes the importance of tailoring business models and assembling effective teams to navigate the unique challenges of each investment opportunity.
Quantum Xchange
Seed Round in 2018
Quantum Xchange provides secure communication solutions for commercial enterprises and government agencies through its innovative key management system, Phio Trusted Xchange (TX). This system enhances existing encryption keys, making them quantum safe, and supports both post-quantum cryptography and Quantum Key Distribution (QKD), positioning organizations for future security needs. As the operator of the first quantum fiber network in the United States, Quantum Xchange has made QKD commercially viable by overcoming the distance and delivery limitations faced by other providers. This allows organizations to improve their cybersecurity posture by strengthening data security in transit while extending the lifespan of their encryption infrastructure. With a scalable security framework, clients can select the appropriate level of protection based on their specific risk tolerance and seamlessly transition to QKD as needed across various transmission points.
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