WILMINGTON, DE, May 29, 2025 – (ACN Newswire) –
After a six-month due diligence process, Naoris Protocolhas raised $3 million as part of a strategic funding led by Mason Labs. Frekaz Group Level One Robotics Tradecraft Capital and Frekaz Group also participated in the round.
The round, which includes proceeds of Naoris’s sale to the public and related allocations was oversubscribed. This prompted the team to launch a new institutional raising — live today, Thursday 29 May.
David Carvalho is the CEO and founder of Naoris Protocol. He says: “The strong investment we’ve seen reflects how urgently industry is beginning take the threat from quantum computing seriously.” This investment supports our mission of future-proofing the blockchain ecosystem before these threats become reality.
Mason Labs is a leading venture-capital firm that focuses on infrastructure-grade technologies. Before securing the VIP allocation, Rain Huan, the Founder of Mason Labs said: “In recent times, cybersecurity issues relating to digital assets have grown more serious. Mason Labs faces this challenge as an institution focused on on-chain asset investment and trading. Naoris Protocol’s groundbreaking infrastructure layer could effectively mitigate security risks. If successful, it would be a significant advancement for the Web3 eco-system.”
This latest round follows on from a $31-million fundraise in 2020, backed by Tim Draper and the Holdun Family Office. Expert Doja, Uniera, and other institutional investors also participated.
Naoris Protocol was founded by a team that includes cybersecurity, blockchain, and defense leaders.
David Holtzman Former CTO of IBM, architect of the DNS protocol (19459047)
Ahmed Reda Chami Former CEO of Microsoft North Africa and Ambassador for Morocco in the EU
Mick Mulvaney Former White House Chief Staff
Inge Kampenes, former Major General (ret.) Inge Kampenes,former Major General (ret.)
The protocol is a plug-and play cybersecurity mesh that protects any blockchain or enterprise system, from the sub-zero level upwards, without requiring hard forks. Its decentralized layer of security is powered by AI and post-quantum cryptography, and aligned to standards from NIST and NATO.
Naoris Protocol runs a quantum-resistant Layer 1 Blockchain secured by its proprietary Proof-of-Security consensus mechanism (dPoSec).
Naoris Protocol (19659004)
Naoris Protocol, the world’s very first decentralized post-quantum infrastructure, is designed to protect both Web3 as well as Web2 from traditional and quantum threats. It integrates with existing EVM chain, nodes, bridges and dApps as well as enterprise systems and IoT devices. Naoris Protocol combines Post-Quantum Cryptography with dPoSec consensus and Decentralized Swarm AI in order to create a self-healing mesh of security that eliminates single failure points. Since its launch in January 2025 it has processed more than 64 million transactions, and mitigated over 341 million threats. It is powered by the $NAORIS token and is the fastest growing trust and security layer for an internet that is quantum-resilient.
Visit Naoris Protocol to learn more.
https://www.naorisprotocol.com/
Press contact:
Anna Fedorova
anna@babslabs.io
Topic: Press release summary
Source: Naoris Protocol
Sectors: CyberSecurity, Crypto, Exchange, Blockchain Technology, ICOs & Tokens
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