Project Eleven Secures $20 Million Series A Financing on January 15, 2026

According to media reports, Project Eleven secured $20 million in Series A financing on January 15, 2026. Investors in this round include prominent institutions such as Coinbase Ventures, Variant Fund, Nascent, Lattice Capital, Fin VC, Quantonation, Formation, Balaji Srinivasan, Nebular, and Satstreet Ventures. Following this financing, Project Eleven’s total funding has reached $26 million, with its latest valuation at $120 million.Project Eleven is an innovative initiative focused on post-quantum cryptography (PQC), dedicated to integrating this technology into existing blockchain protocols, starting with Bitcoin. As quantum computing advances, traditional cryptography faces the risk of being compromised. Project Eleven’s solution ensures that blockchain networks remain secure even if classical cryptography becomes obsolete. The project’s first product, Yellowpages, is a post-quantum Bitcoin ownership proof tool that enables users to quickly generate quantum-resistant keys and securely associate them with existing Bitcoin addresses, providing enhanced security for digital assets.Previously, on June 19, 2025, Project Eleven completed a $6 million funding round. The significant increase in this round reflects strong investor confidence in the field of post-quantum cryptography. As the era of quantum computing approaches, the application of post-quantum cryptography will become a crucial cornerstone for blockchain network security, and Project Eleven’s technological innovation is expected to drive the industry toward a more secure future.