The Singapore-based startup pQCee has successfully closed a seed funding round of $3.9 million, led by SGInnovate and Lotus One Investment. The company is developing "crypto-agile" solutions—software that allows for the modification of encryption algorithms via cloud patches without the need for hardware replacement. Its products are designed to protect against "collect now, decrypt later" attacks, where encrypted data is stored until powerful quantum computers become available. The funds will be used to expand the team and enter markets in the U.S., Europe, and the Middle East; in total, the project has raised $6.7 million.