Encryption Startup Pantherun Raises $12M to Fuel Global Expansion and Post-Quantum R&D

Srinivas Shekar, CEO and Co-Founder, Pantherun

Pantherun Technologies, a data encryption company that safeguards information across any device, today announced it has raised $12 million in a Series A round led by Sahasrar Capital Investors and Lucky Investment Managers, with participation from existing investors Capital 2B (Info Edge), 8X Ventures, and Real Time Angel Fund (GrowX) and new investment from Founders Collective Fund.

The capital will enable Pantherun to:

• Scale internationally, building out sales and partnerships across North America, Europe, and select APAC markets
• Accelerate product development, advancing its patented, industrial-grade encryption platform for high-volume, low-latency use cases by using 25% of this fund raise for R&D
• Launch new offerings tailored for device-agnostic deployments across endpoints, edge, cloud, and OT environments

“Data has become the operating system of modern life. It sits on every device, travels across every network, and powers every decision,” said Mr. Srinivas Shekar, Co-founder and CEO, Pantherun Technologies. “This funding is a pivotal step in our journey. We will expand globally, deepen our R&D, and bring new products to market that make strong encryption simple to deploy and consistent across devices.”

“Enterprises need encryption that keeps up with device growth and regulatory obligations without adding operational drag and Pantherun offers unique data encryption enabling edge devices to have zero latency secured communication at affordable cost” said Jeevan Patwa, of Sahasrar Capital Investors. “Pantherun’s architecture is built for scale and speed, and we are confident in the team’s ability to lead this category.”

This funding comes at a point where device proliferation, stricter data protection rules, and sustained breach costs are forcing enterprises to encrypt by default. Market growth sits in the mid-teens, ransomware is trending upward in double digits, and connected devices are nearing 20 billion worldwide. Pantherun will use the capital to advance its patented, real-time encryption stack, expand internationally with focused sales and partnerships, and launch products that deliver secure, scalable, and device-agnostic protection without performance trade-offs.

Pantherun’s Core Technology

• Capabilities:Adaptive Keyless Encryption: AI-generated keys (128/192/256-bit) created independently at source and destination; no key exchange or code changes required
• Seamless Deployment: Inline agents, gateways, and FPGA/chip accelerators protect data in motion and at rest without app modifications
• Zero-Trust by Design: Fine-grained access controls, mutual authentication, and least-privilege enforced by default
• Observability & Compliance: Native logs, metrics, and audit trails integrate with SIEM and data operations to track coverage, anomalies, and drift
• Future-Ready Security: Supports post-quantum encryption (384/512-bit) and advanced protections for ML, big data, and homomorphic encryption use cases
• Versatile Industry Applications: Secures Ethernet/automotive networks, IoT devices, surveillance cameras, cloud/data centers, and SaaS platforms.

Founded with a mission to make data protection seamless and universal, Pantherun has developed solutions that secure information across devices, networks, and applications without compromising performance. The company’s proprietary technologies address critical challenges faced by enterprises, governments, and consumers, where data breaches and cyberattacks are on the rise.

About Pantherun Technologies

Founded in 2019 by Srinivas Shekar (CEO) and Tiffany Chan (COO) with the mission to make strong encryption universal, Pantherun Technologies Pvt Ltd is a leading data encryption company providing innovative solutions to safeguard data on any device. Headquartered in Bangalore, India, Pantherun specializes in real-time encryption, making data breaches significantly more challenging. With a vision to make encryption accessible and affordable, Pantherun is committed to securing industries and users worldwide. As an Indian technology company, Pantherun Technologies is dedicated to "Securing The World."