Cybersecurity and cryptography company Xiphera has received funding from Business Finland to develop innovative hardware-accelerated cryptographic technology. The project will run for 18 months with a total budget of €460,470.

Xiphera, a Finnish deep-tech company specialising in hardware-based security, has entered into a strategic partnership with South Korea–based Austin Electric Co., Ltd. This collaboration will extend Xiphera’s advanced cryptographic IP core solutions to a broader customer base in South Korea, especially in the aerospace, industrial automation, critical infrastructure, IoT, and automotive sectors.

The Finnish cybersecurity company Xiphera is participating in a three-year national research project Beyond the Limits of Post-Quantum Cryptography (BLimPQC), led by VTT. The project aims to protect Finnish society from cybersecurity threats posed by quantum computers. With a total budget of €6.3 million, the initiative has been  launched in April 2025 by VTT in collaboration with Finnish universities, public authorities, and companies.