Quantum Money Fund (QMF)

Backing the next technological revolution — quantum-native infrastructure, contextual cryptography, and the future of trust.

Everything QMF invests in from contextual cryptography to post-blockchain financial infrastructure, quantum key distribution (QKD), and post-quantum cryptography which lays the groundwork for quantum money. These are the building blocks of a future where value is secured by the laws of physics rather than centralized institutions or computational assumptions.

NeverLocal is QMF’s first portfolio company. NeverLocal is pioneering contextual cryptography by developing:

— Cryptographic primitives beyond classical attack models

— Software platforms for designing and deploying quantum financial protocols
— New mathematical tools for non-locality and contextuality


NeverLocal's ultimate vision aligns with QMV’s: the creation of quantum money—secure, unforgeable, and portable value enabled by the fundamental laws of quantum mechanics.

Quantum technology is no longer theoretical. Major breakthroughs in hardware, coupled with rising government investment and commercial R&D, are accelerating the timeline toward practical quantum systems. There's very little investment in quantum cryptography and contextual protocols, because they are traditionally not thought of as of value, and are also not very aligned with the big quantum hardware startups vision.

This is especially true for contextual cryptography, a new paradigm grounded in quantum-native phenomena like non-locality and contextuality. It unlocks primitives once thought impossible: one-shot signatures, physically unclonable identities, device-independent authentication, and ultimately, quantum money. These aren't just improvements — they represent a clean-slate rewrite of trust, identity, and value on the internet.

We're at a moment of rare technological plasticity. Just as standards like RSA and SHA defined the last internet era, the cryptographic primitives that emerge now will define the next.

Yet the current funding environment isn't built for this crossover. Most quantum funds have a hardware-first mandate — they simply cannot invest in pure quantum software companies, let alone ones intersecting with crypto.

This disconnect leaves a strategic capital gap — and an opportunity for bold, thesis-driven investors to define a new category: quantum-native software at the intersection of cryptography, finance, and trust.

QMF focuses on software-driven, IP-rich companies building across the quantum protocol and cryptography stack. We seek out founders working at the frontiers of quantum information science who are committed to building practical, scalable solutions.