Czech cybersecurity startup Wultra has raised €6.8 million in a Series A funding round. The round was led by Seventure Partners, with participation from Marc Norlain and Guillaume Despagne, founders of ARIADNEXT, and existing backers J&T Ventures and Elevator Ventures.
- Founded in 2014, Wultra provides post-quantum authentication and digital identity solutions for banks and fintech companies. Its platform is designed to help financial institutions transition to passwordless, phishing-resistant authentication while complying with upcoming regulations, including PSD3/PSR and eIDAS 2.0.
- The funding comes as financial institutions increasingly prepare for a post-quantum future amid rising AI-driven identity fraud and the introduction of new post-quantum cryptography standards by the National Institute of Standards and Technology (NIST).
- In 2025, the company expanded beyond authentication into the broader digital identity lifecycle, including onboarding, identity proofing, transaction authorization, and electronic signatures, according to Petr Dvorak, founder and CEO of Wultra.
- Wultra also opened its Singapore office, grew its team by nearly 50%, and now serves more than 70 clients across 25 countries. The new investment will support the company's continued international expansion, with plans to enter the Middle East and the US, while strengthening its focus on large strategic customers.
- To date, Wultra has raised €10.8 million, including a €3 million seed round last year. The Series A capital will also enable the company to scale its platform, expand digital identity wallet capabilities, and support the rollout of the European Digital Identity Wallet ecosystem.
