Wultra, a Pankrac, Czech Republic-based startup developing post-quantum authentication and digital identity software for banks and fintechs, has raised €6.8 million in a Series A round led by Seventure Partners.
The round also included angel investors Guillaume Despagne and Marc Norlain, along with returning investors J&T Ventures and Elevator Ventures.
Wultra said it will use the funding to scale its digital identity platform, speed up development of digital identity wallet capabilities, and support the rollout of the European Digital Identity Wallet ecosystem. The company also plans to expand into the Middle East and the United States, grow its team, and increase its focus on large strategic customers.
The funding comes as financial institutions face rising pressure to upgrade digital identity infrastructure amid growing fraud risks and the broader shift toward post-quantum security standards. Wultra’s platform covers onboarding, identity proofing, authentication, transaction authorization, and electronic signatures, with a focus on quantum-resistant cryptography.
The round also included angel investors Guillaume Despagne and Marc Norlain, along with returning investors J&T Ventures and Elevator Ventures.
Wultra said it will use the funding to scale its digital identity platform, speed up development of digital identity wallet capabilities, and support the rollout of the European Digital Identity Wallet ecosystem. The company also plans to expand into the Middle East and the United States, grow its team, and increase its focus on large strategic customers.
The funding comes as financial institutions face rising pressure to upgrade digital identity infrastructure amid growing fraud risks and the broader shift toward post-quantum security standards. Wultra’s platform covers onboarding, identity proofing, authentication, transaction authorization, and electronic signatures, with a focus on quantum-resistant cryptography.