NAORIS is a technology company.
NAORIS has raised $12.0M across 1 funding round.
NAORIS has raised $12.0M in total across 1 funding round.
Naoris Protocol is a blockchain-based cybersecurity company that builds decentralized, post-quantum secure infrastructure to protect Web2 and Web3 systems, eliminating single points of failure through real-time validation and AI-driven threat detection.[1][2] It offers products like Decentralized Proof of Security (dPoSec), quantum-resistant cryptography, SWARM AI, and Measured Decentralized AI (MDAI), serving enterprises, governments, financial institutions, telecoms, defense, IoT ecosystems, and critical infrastructure by solving vulnerabilities from centralized security, quantum threats, and evolving cyber risks.[1][2][3] The company has demonstrated growth through accelerator wins (e.g., Holt Fintech, T-Mobile T-Challenge), partnerships (e.g., IBM, Holt Exchange), POCs with EU banks and smart cities, revenue from MSS/SaaS, and launches like the world's first DePIN for cybersecurity.[2][3]
Naoris Protocol originated in 2017 when founder David Carvalho attended a nation-state meeting with former NATO Intelligence Committee Head Kjell Grandhagen, sparking research into blockchain and smart contracts for enhanced cybersecurity and inter-network trust.[3] In 2018, it formed as an R&D project by David Carvalho and Monica Oravcova, exploring blockchain, AI, and data science as alternatives to traditional tools; early milestones included finalist status in WeXelerate accelerator.[3]
Pivotal moments followed: 2020 brought POC testing with EU clients, wins at Mass Challenge (mentored by Cisco/Raytheon execs), Holt Fintech Accelerator (securing Holt Exchange as investor/partner), and "Most Disruptive Cyber Vendor" award; 2021 featured banking POCs, Expert Dojo win (new investor), grants, LOIs for 80 EU smart cities, and initial revenue.[3] By 2023, David Holtzman joined as Chief Strategy Officer, with T-Mobile Web3 award, IBM collaboration, and a peer-reviewed paper on blockchain for Industry 5.0.[3]
Naoris rides the convergence of blockchain DePIN, post-quantum cryptography, and AI-driven cybersecurity amid rising quantum computing threats, Web3 scaling needs, and Industry 5.0 edge computing demands.[1][3] Timing is critical as NIST standardizes quantum-resistant algorithms and nation-states/enterprises face "harvest now, decrypt later" risks, with traditional centralized models failing against sophisticated attacks.[1][2] Market forces like 5G/IoT proliferation, regulatory pushes for data sovereignty, and Web3 infrastructure gaps favor Naoris's proactive, decentralized approach, influencing the ecosystem by enabling secure scaling for blockchains, smart cities, defense, and finance while promoting standardized trust meshes.[2][3]
Naoris is poised to expand its DePIN and consulting arms, targeting deeper integrations in telecom, defense, and global smart infrastructure amid accelerating quantum migration and AI regulation.[1][2][5] Trends like decentralized AI governance, Industry 5.0, and Web3 mass adoption will amplify its mesh model, potentially evolving it into a foundational security layer for critical global systems—building on its R&D roots to redefine trust in a post-quantum world.[3]
NAORIS has raised $12.0M in total across 1 funding round.
NAORIS's investors include Draper Associates, Frontier Ventures, Laconia Capital Group, Techstars.
NAORIS has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Series A in July 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jul 1, 2022 | $12.0M Series A | Draper Associates, Frontier Ventures, Laconia Capital Group, Techstars |