Strategic capital · Pre-seed
Quantum-safe trust — while the entry price still makes sense
Mandates and migration deadlines are not waiting for anyone. We are building the full-stack layer regulated institutions actually have to deploy — and we are selective about who sees the full picture. If the thesis resonates, the next step is a confidential conversation, not another scroll.
Pre-seed · Qualified parties
Own the stack
before the mandate wave reprices everything
Institutions are on the clock for quantum-safe cryptography, resilient operations, and provable compliance. CUI Labs is raising a focused pre-seed round to compress go-to-market and certifications — not to prove the idea exists. The public page is the thesis; cap table mechanics, scenarios, and evidence live behind diligence.
Indicative terms only. Not an offer or solicitation — see important legal information below.
Why institutions don't wait on this category
The next round is a different price
Our indicative ladder steps from $30M post (pre-seed) to $100M post (seed) before enterprise scale rounds. Same company — materially different entry economics for new capital.
Clocks are real, not narrative
Migration and compliance timelines are published — they do not pause for vendor roadmaps. First movers secure architecture choice and partner leverage; late movers pay rush premiums and integration debt.
What you need isn't on this URL
Use-of-funds, detailed models, and verification artefacts are shared under NDA after mandate fit. If you need the full picture to decide, that conversation is one email away.
Executive Summary
Why CUI Labs
1.71T+
Aggregated TAM by 2030
13 solutions on XIIS spanning PQC, blockchain security, industrial autonomy, agentic AI, programmable finance, and quantum-inspired risk — maturity varies by SKU (see market table).
Only
Full-Stack Trust Platform
No competitor combines NIST PQC, 24-chain blockchain security, industrial autonomy, and agentic AI in a unified stack.
7+
Regulatory Frameworks
Compliance-first architecture for MAS, MiCA, DORA, FATF, GDPR, CNSA 2.0, and FIPS 140-3 from day one.
$30M
Pre-seed post-money valuation
Target raise ~$1.75M ($1.5–2M range) at $0.03/share on 1B FD — not $30M of new capital. 13 solutions near MVP, QNSP in GA. Series C at $5B ~0.28% of Yr.2030 TAM. Detailed cap table, per-round raises, and dilution model are in the data room.
The Strategic Opportunity
CUI Labs is positioned at the intersection of three irreversible technology shifts: post-quantum cryptography mandates, sovereign deployment requirements, and autonomous system verification. These are not trends—they are regulatory and technical certainties with defined timelines.
Our full-stack approach eliminates integration risk for enterprises. Where competitors offer point solutions (PQC libraries, blockchain custody, OT monitoring), CUI Labs delivers a unified trust platform that spans quantum-safe connectivity, industrial autonomy, programmable finance, and verifiable AI—all engineered for air-gapped and sovereign environments.
Capital efficiency: Twelve SKUs span research through GA: QNSP is in General Availability; SIGQ is in Staging; QSIG — our designated primary revenue driver — is in active Development with architecture and modules in flight. This is not a slide-deck company. Pre-seed capital accelerates certifications (ISO 27001, SOC 2, FIPS 140-3), enterprise pilots, and revenue paths — not proof-of-concept science projects.
Management view: In deep infrastructure, the cost of waiting is usually the next round's valuation, not a slightly better deck. If our regulatory and technical read is right, the asymmetric bet is positioning before the category is obvious to generalist capital.
Why Investors Choose CUI
- First-mover in unified trust stack — No competitor combines PQC + blockchain + OT + AI governance
- Regulatory moat — Compliance-first architecture for 7+ frameworks (MAS, MiCA, DORA, FIPS, CNSA 2.0)
- Sovereign deployment advantage — Air-gapped and disconnected network capability (defense, critical infrastructure)
- Capital-efficient execution — 12 solutions in three tiers from research through GA; QNSP GA today; lean, founder-led build
Investment Guardrails
- Milestone-gated tranches — Capital released against verified technical and commercial milestones
- Founder skin-in-game — Majority equity retained, long-term alignment, no quick exits
- Transparent evidence — Weekly build logs, code walkthroughs, and compliance documentation in data room
- Strategic investor alignment — We prioritize institutional capital with sector expertise and long-horizon mandates
Market Timing
Why now? Four converging inflection points
Post-Quantum Cryptography Mandate
NIST finalized PQC standards (FIPS 203/204/205) in August 2024.[1] CISA mandates federal migration by 2035, with critical systems starting 2026.[13,14] PQC market projected from $0.42B (2025) to $2.84B by 2030 at 46.2% CAGR.[8]Organizations face "harvest now, decrypt later" threats requiring immediate migration.
$0.42B → $2.84B by 2030 (46.2% CAGR)[8]
AI Infrastructure & Agentic AI Explosion
AI infrastructure market at $75.4B in 2026, projected to reach $498B by 2034 at 26.6% CAGR.[2] AI agents market surging from $8.03B (2025) to $251.38B by 2034 at 46.6% CAGR.[5] Gartner predicts 40% of enterprise apps will incorporate AI agents by end of 2026, up from 5% in 2025.[11]
Institutional Blockchain & Digital Asset Security
Blockchain security market projected from $3.0B (2024) to $37.4B by 2029 at 65.5% CAGR.[15] RWA tokenization projected to surpass $400B in 2026, with BCG estimating $16-30T by 2030.[10] EU MiCA regulation fully enforced since December 2024, creating compliance-driven demand.[21]
$3.0B → $37.4B by 2029 (65.5% CAGR)[15]
Industrial Autonomy & Digital Twins
Digital twin market at $49.2B in 2026, projected to reach $228.46B by 2031 at 36.0% CAGR.[4] Industrial IoT at $276.6B (2025), growing to $964.16B by 2035 at 13.3% CAGR.[7] SASE spending forecast to reach $97B cumulative 2025-2030.[6] DORA regulation enforced since January 2025 for EU financial institutions.[12]
Regulatory Tailwinds
Global regulatory frameworks driving adoption
Converging mandates across PQC, digital assets, financial resilience, AI governance, and data sovereignty create forcing functions for CUI Labs infrastructure. Singapore-based operations position us at the center of APAC/ASEAN regulatory harmonization.
2018
2020
2024
2026
2030
2035
Post-Quantum Cryptography
5 milestones
Aug 2024 · US
NIST finalizes PQC standards (FIPS 203/204/205)
Jan 2026 · US
CISA directs federal agencies to procure quantum-resistant products
Apr 2026 · Canada
Canada mandates federal PQC migration plans
2030 · US
NSA CNSA 2.0 requires PQC for all classified systems
2035 · US
NSM-10 mandates full federal PQC migration
Digital Assets & Blockchain
4 milestones
Dec 2024 · EU
EU MiCA regulation fully enforced across 27 member states
Jan 2024 · Singapore
MAS Digital Payment Token Services licensing framework active
Jun 2025 · Global
FATF Travel Rule enforcement across G20 jurisdictions
2026 · ASEAN
ASEAN digital asset regulatory harmonization framework
Financial Resilience
3 milestones
Jan 2025 · EU
EU DORA regulation enforced for financial institutions
Jun 2025 · Singapore
MAS Technology Risk Management Guidelines (TRM) updated
2026 · Global
Basel III operational resilience requirements for banks
AI Governance
3 milestones
Aug 2024 · EU
EU AI Act enters into force with high-risk AI system requirements
2025 · Singapore
Singapore AI Verify framework becomes industry standard for APAC
2026 · Global
G7 Hiroshima AI Process establishes international AI governance principles
Data Sovereignty & Privacy
3 milestones
May 2018 · EU
GDPR enforced across EU with extraterritorial reach
Feb 2021 · Singapore
Singapore PDPA amended with mandatory breach notification
2025 · ASEAN
ASEAN Framework on Digital Data Governance adopted
PQC
5 events
Digital Assets
4 events
Financial
3 events
AI
3 events
Data
3 events
Market Growth Trajectory
Converging market inflection points
Seven addressable markets experiencing exponential growth, with competitor landscape and sourced projections as of February 2026.[2,3,4,5,6,7,8]
~$2.17B → $7.82B
37.6% CAGR (2026-2030)
Competitors: PQShield, SandboxAQ, IBM Quantum Safe, CryptoNext Security
Source: Grand View Research
~$8.41B → $495.21B
66.4% CAGR (2026-2034)
Competitors: CertiK, Fireblocks ($8B), Chainalysis, Halborn, Hacken
Source: Market.us
~$49.2B → $228.46B
36.0% CAGR (2026-2031)
Competitors: Siemens, GE Digital, PTC, Azure Digital Twins, AWS IoT TwinMaker
Source: Mordor Intelligence
~$4.54B → $98.26B
46.9% CAGR (2026-2033)
Competitors: UiPath, LangChain, CrewAI, AutoGen, Palantir AIP
Source: Fortune Business Insights
~$97B cumulative (2025-2030)
Competitors: Zscaler, Cloudflare, Palo Alto Prisma, Netskope
Source: Dell'Oro Group (Feb 2026)
~$400B+ (2026) → $2-4T (2030)
Competitors: Securitize, Ondo Finance, Centrifuge, Maple Finance
Source: RWA Times
~$9.8B (2026) → $27.6B (2033)
Competitors: Snyk ($8.5B), SonarQube, Veracode, Checkmarx
Source: Coherent Market Insights
Market Opportunity
Aggregated TAM across the XIIS Platform
Combined addressable market across all CUI Labs solutions by Yr.2030 estimates.
1.71T+
Aggregated TAM (Yr.2030)
12
Solutions on XIIS
XIIS
Platform Architecture
PQC
Quantum-Safe Default
| Solution | Stage | TAM (Yr.2030) | SAM (Yr.2030) | SOM (Yr.2030) | MO (Yr.2030) | ASK (Total) |
|---|---|---|---|---|---|---|
| QNSP | General Availability | $52B | $20B | $0.8-4.5B | $0.8-4.5B | $12-15M |
| CUE | Release Candidate | Complementary | Complementary | Complementary | Complementary | Complementary Solution |
| Tunnel | Alpha | $160B | $115B | $0.2-0.4B | $160B+ | $18-22M |
| DDIP | Alpha | $90B | $35B | $0.1-0.25B | $800M | $14-18M |
| SIGQ | Staging | $200B | $60B | $0.5-2B | $8-15B | $8-12M |
| QSIG | Development | $37B | $14B | $0.4-0.8B | $2-4B | $45-55M |
| IACC | Development | $285B | $55B | $0.1-0.3B | $600M | $15M |
| WAHH | Development | $160B | $55B | $0.06-0.15B | $400M | $10-12M |
| Profy | Development | $22B | $7B | $0.12-0.2B | $900M | $10-12M |
| Q-Risk-Engine | Development | $200B | $60B | $0.8-2.5B | $8-15B | $10-14M |
| AIOS | Research | $500B | $200B | $15B | $500B | $15-18M |
| NIOS | Research | $5B | $2B | $0.2B | $15B | Research track |
TAM (Total Addressable Market): Total market demand for the solution category
SAM (Serviceable Addressable Market): Portion of TAM targeted by CUI Labs products
SOM (Serviceable Obtainable Market): Realistic market share achievable in near term
MO (Market Opportunity): Strategic market opportunity value
ASK: Current investment target per solution
Solution TAM Distribution
Market opportunity by solution
Thirteen solutions ship on XIIS; this chart includes the twelve with standalone TAM estimates (CUE is complementary and excluded from the slice total).
Largest TAM slice
AIOS
$500B (Yr.2030 est.) · 29.2% of sliced total
Fastest-growing category (cited)
QSIG
Blockchain security market ~65.5% CAGR (2024–2029, third-party est.; see [15]).
Portfolio breadth
13 on XIIS
12 with standalone TAM in this view + CUE
Competitive Advantage
Five defensibility layers
Technical Depth: Full-Stack PQC + Multi-Domain Integration
Only platform delivering production NIST PQC (ML-KEM, ML-DSA, SLH-DSA) across 18 production microservices with 8 hardware enclave types, 4 HSM vendors, and 24-chain blockchain orchestration.[1] Competitors offer point solutions; CUI Labs delivers unified trust stack. 3-5 year technical lead in quantum-safe autonomous systems.
Regulatory Positioning: Compliance-First Architecture
Built for MAS, MiCA, DORA, FATF, GDPR, CNSA 2.0, and FIPS 140-3 from day one.[21,12,13] CUI Labs is CSA STAR Level 1 certified (Cloud Security Alliance registry, listed 02/23/2026). Forensic-grade audit trails, automated compliance reporting, and sovereign deployment models. CUI Labs is preparing for ISO 9001 (QMS), ISO 14001, ISO 45001, ISO 27001 (ISMS), and ISO 22301 (BCMS) certifications, with formal processes scheduled to commence Q2 2026 subject to funding and customer acquisition, to move beyond self-attestations toward independent, third-party audited assurance. Competitors retrofit compliance; CUI Labs architects for it. Critical for institutional and government adoption.
Network Effects: Multi-Chain + Multi-Industry Deployment
Each deployment strengthens the platform: blockchain integrations compound (24 chains), industry packs expand (LNG, marine, aerospace, energy), and compliance mappings multiply (7+ jurisdictions). Value increases exponentially with adoption. Switching costs rise as integrations deepen.
Data Moat: Telemetry, Threat Intelligence, Compliance Patterns
Fleet-wide telemetry, anomaly detection models, and compliance automation improve with scale. AI-native security fabric learns from every deployment. Proprietary threat intelligence and incident response patterns create compounding advantage. Data flywheel accelerates with customer growth.
Founder-Led Engineering: Deep Technical Execution
Founder with 10+ years managing EPCM and industrial solutions across oil & gas, energy, marine, and shipbuilding. Direct experience in high-stakes, regulated environments where failure is not an option. Technical depth and industry relationships cannot be replicated quickly.
Market Positioning
CUI Labs vs. competitors
Positioning analysis showing technical depth and regulatory compliance advantages over hyperscalers, cybersecurity vendors, and point solutions.
CUI Labs Differentiation
- ✓Only platform combining PQC + blockchain security + industrial autonomy + agentic AI in unified trust stack
- ✓Compliance-first architecture across MAS, MiCA, DORA, FATF, GDPR, CNSA 2.0, FIPS 140-3
- ✓Sovereign and air-gapped deployment models competitors cannot offer
- ✓13 solutions vs. single-domain point solutions from competitors
Competitor Gaps by Domain
- ·PQShield / SandboxAQ: PQC IP only, no full-stack platform or blockchain integration
- ·Fireblocks / CertiK: Blockchain-only, no PQC, no industrial autonomy
- ·Zscaler / Cloudflare: Network security, no quantum-safe or blockchain capabilities
- ·Siemens / GE Digital: Industrial IoT, no PQC or blockchain security layer
- ·Snyk / SonarQube: Code analysis only, no quantum or autonomous systems
Year-2030 Fair-Value Mapping
Round valuations vs. aggregated TAM
Series C at $5B represents ~0.28% of the Yr.2030 TAM. Earlier rounds price 1-4 orders of magnitude below that capture. The post-money column is company valuation after each round — not the dollars invested (e.g. pre-seed raise ~$1.75M at $30M post).
| Round | Post-Money | Price / Share (1B FD) | Share of Yr.2030 TAM | TAM ÷ Post Multiple |
|---|---|---|---|---|
| Pre-Seed | $30M | $0.0300 | ~0.0017% | ~58,700× |
| Seed | $100M | $0.1000 | ~0.0057% | ~17,620× |
| Series A | $500M | $0.5000 | ~0.028% | ~3,524× |
| Series B | $2.5B | $2.5000 | ~0.142% | ~705× |
| Series C | $5B | $5.0000 | ~0.284% | ~352× |
Capital Structure
Share allocation overview
High-level equity distribution across five allocation categories on a fully-diluted basis of 1 billion authorised shares.
Share class rights
Class O — Ordinary
- ·Voting: One vote per share with director appointment rights
- ·Dividends: Residual dividends after preferred distributions
- ·Liquidation: Residual proceeds after preferred liquidation return
Class P — Preferred
- ·Voting: Non-voting; economic rights only
- ·Dividends: Priority dividend entitlement before ordinary distributions
- ·Liquidation: Priority liquidation return before ordinary shareholders
Locked commitments & guardrails
Anti-Dilution Protection
Weighted-average anti-dilution adjustment on down-rounds protects investor share value across all preferred tranches.
Pro-Rata Rights
Existing investors retain the right to participate in future funding rounds to maintain their ownership percentage.
Board Observer Rights
Lead investors in each round receive board observer seats with full information access and meeting participation.
Information Rights
Quarterly financial reporting, annual audited statements, and material event notifications provided to all preferred shareholders.
Full cap table details, per-round allocations, vesting schedules, and paid-up capital figures are available in the data room.
Go-to-Market Strategy
Three-tier enterprise motion
Tier 1: Developer-Led Growth
QNSP Free Forever tier (10GB + 50K API calls/month + 20 KMS keys + 25 vault secrets) drives developer adoption. TypeScript SDKs, REST APIs, and CLI tools enable rapid integration. Developers become internal champions, pulling enterprise deals through bottom-up adoption. Low CAC, high conversion to paid tiers.
Bottom-up adoption
Tier 2: Strategic Partnerships
Co-development with Solana Foundation, Polygon, Chainlink, Fireblocks, Siemens, ABB, AWS, and sovereign networks. Partners provide distribution, credibility, and deployment scale. Revenue share and co-branded motions accelerate market penetration without scaling headcount.
Ecosystem leverage
Tier 3: Enterprise Direct Sales
Institutional banks, sovereign funds, defense programs, and Fortune 500 industrials. 6-18 month sales cycles with $500K-$5M+ ACV. Advisor Michael Lok (25+ years APAC enterprise sales, Arista/Ruckus/Versa) leads regional GTM. Focus on regulated finance, industrial autonomy, and government.
High-touch enterprise
Business Model
Unit economics and revenue model
Revenue Streams
- ·SaaS Subscriptions: Usage-based pricing for QNSP, QSIG, DDIP, Tunnel. $50-$5K/month per customer based on compute, storage, API calls, and node count.
- ·Enterprise Licenses: Private/VPC deployments for regulated institutions. $500K-$5M+ annual contracts with multi-year commitments.
- ·Professional Services: Integration, compliance alignment, and ongoing support. 20-30% of license value annually.
- ·Partner Revenue Share: OEM/white-label licensing and channel distribution. 15-25% revenue share with partners.
Target Margins
- ·Gross Margin: 75-85% for SaaS (infrastructure costs 15-25% of revenue). 60-70% for enterprise licenses (includes deployment support).
- ·CAC Payback: 12-18 months for enterprise, 6-9 months for developer-led growth. LTV:CAC ratio target 5:1 by Series A.
- ·Net Revenue Retention: 120-150% driven by usage expansion, additional solutions, and compliance pack adoption.
- ·Operating Leverage: Infrastructure scales with usage. Partner ecosystem reduces sales/delivery headcount. Target 20-30% EBITDA margin at scale.
Valuation Comparables
Deep tech AI companies trade at 10x+ revenue multiples vs. SaaS median 5x. Quantum computing startups average $28.6M Series A at $100-150M post-money. Cybersecurity infrastructure companies (CrowdStrike, Palo Alto, Zscaler) trade at 12-18x revenue. CUI Labs combines AI infrastructure, quantum-safe cryptography, and blockchain security — premium valuation justified by technical depth, regulatory positioning, and multi-domain TAM.
Revenue Growth
ARR trajectory to $450M by 2032
Projected annual recurring revenue growth driven by three-tier GTM strategy and 120%+ net revenue retention. Illustrative only — not a forecast of future results.
$450M
Projected ARR by 2032
1,400+
Enterprise Customers
120%+
Net Revenue Retention
Forward-looking illustration for discussion only — not historical performance and not a guarantee of future results. Based on three-tier GTM: developer-led growth, strategic partnerships, and enterprise direct sales, with assumed 40–60% YoY growth post-Series A and 75–85% gross margins.
Funding Roadmap
Capital deployment strategy
Phases describe how capital is deployed against milestones; dollar bands align with named rounds in the fair-value table and timeline (e.g. Phase 1 spans pre-seed and seed workstreams, not a single "$13M round" label).
Phase 1 · Engineering Completion
~$13M pre-seed & seed (indicative)
- ·Finalize QNSP, QSIG, and Tunnel production hardening
- ·Complete deterministic telemetry and compliance instrumentation
- ·Establish investor governance cadence & reporting frameworks
Phase 2 · Sovereign & Institutional Enablement
~$57M Series A (indicative; $50–65M range)
- ·Deploy sovereign integration toolkits and certified partner programs
- ·Expand industrial autonomy engagements across APAC and EU
- ·Secure regulatory approvals (MAS, MiCA, sector mandates)
Phase 3 · Regulated Launch & Scale
~$175M Series B (indicative; $175–200M range)
- ·Launch regulated finance platforms with Tier-1 institutions
- ·Operationalize Tunnel sovereign networking and WAHH liquidity programs
- ·Stand up global delivery and customer success infrastructure
Funding & Milestone Timeline
Pre-Seed to Series C roadmap
Strategic funding rounds aligned with key milestones and deliverables from 2025 to 2030. Amounts on each milestone are post-money valuations (consistent with the fair-value table). Pre-seed is ~$1.75M raised at $30M post-money, not a $30M equity round.
Pre-Seed
Engineering Completion
- ·QNSP, QSIG, Tunnel hardening
- ·Telemetry & compliance instrumentation
- ·Investor governance frameworks
Seed
Sovereign & Institutional Enablement
- ·Sovereign integration toolkits
- ·Industrial autonomy engagements
- ·Regulatory approvals (MAS, MiCA)
Series A
Regulated Launch & Scale
- ·Tier-1 institution launches
- ·Tunnel sovereign networking
- ·Global delivery infrastructure
Series B
Market Expansion
- ·Multi-region deployment
- ·Partner ecosystem scale
- ·Enterprise customer base
Series C
Pre-IPO Preparation
- ·$200M+ projected ARR
- ·Public market readiness
- ·Secondary liquidity events
5 Rounds
Pre-Seed to Series C
~$8.1B+
Sum of post-money valuations to Series C
2025-2030
Timeline to Series C
Risk Management
Key risks and mitigation strategies
Technical Risk: Quantum Timeline Uncertainty
Risk: CRQC (Cryptographically Relevant Quantum Computer) arrival timeline uncertain (2030-2040 estimates).
Mitigation:"Harvest now, decrypt later" threat is immediate. NIST standards finalized, CISA mandates active.[1,13] Hybrid classical+PQC deployment provides value regardless of quantum timeline. Platform delivers immediate security value beyond quantum threat.
Market Risk: Enterprise Adoption Velocity
Risk: Enterprise sales cycles 12-24 months. Institutional adoption slower than projected.
Mitigation: Three-tier GTM reduces dependency on enterprise direct sales. Developer-led growth (Free Forever tier) drives bottom-up adoption. Strategic partnerships provide distribution leverage. Regulatory mandates (CISA 2035, MiCA compliance) create forcing functions.[13,21]
Competitive Risk: Big Tech Entry
Risk: AWS, Google Cloud, Microsoft Azure could build competing PQC offerings.
Mitigation: 3-5 year technical lead in full-stack PQC + multi-domain integration. Hyperscalers optimize for breadth; CUI Labs optimizes for depth in regulated, sovereign, and mission-critical environments. Compliance-first architecture and sovereign deployment models differentiate. Potential acquisition target for hyperscalers.
Execution Risk: Founder Dependency
Risk: Single founder with deep technical and industry expertise. Key person risk.
Mitigation: Advisor Michael Lok (enterprise sales/GTM) reduces founder dependency. Funding enables executive team expansion (CTO, CIO, VP Engineering, VP Sales). Modular architecture and documentation reduce technical concentration risk. Open-source components (AIOS MIT license) build community continuity.
Regulatory Risk: Compliance Complexity
Risk: Multi-jurisdiction compliance (MAS, MiCA, DORA, FATF, GDPR) increases operational complexity and cost.
Mitigation: Compliance-first architecture turns regulatory complexity into competitive moat. Automated compliance reporting and forensic-grade audit trails reduce ongoing costs. Regulatory positioning attracts institutional customers who cannot use non-compliant alternatives. Complexity creates barriers to entry for competitors.[21,12]
Exit Opportunities
Multiple paths to liquidity
Strategic Acquisition
Potential Acquirers: AWS, Google Cloud, Microsoft Azure (cloud infrastructure), Palo Alto Networks, CrowdStrike, Zscaler (cybersecurity), IBM, Palantir (enterprise infrastructure), Coinbase, Fireblocks, Anchorage Digital (blockchain custody).
Rationale: Hyperscalers need quantum-safe offerings for regulated customers. Cybersecurity vendors lack PQC depth. Blockchain custodians require institutional-grade security fabric. CUI Labs provides technical depth, compliance positioning, and customer relationships these acquirers cannot build quickly.
Comparables: Lacework ($8.3B valuation, cloud security), Snyk ($8.5B, developer security), Chainalysis ($8.6B, blockchain analytics), Fireblocks ($8B, digital asset custody).
Timeline: 2028-2030 (Series B/C)
IPO Path
Market Conditions: Deep tech and cybersecurity IPOs strong (CrowdStrike $83B market cap, Zscaler $32B, Palo Alto $115B). Quantum computing and AI infrastructure attracting public market interest.
Requirements: $200M+ ARR, 40%+ growth rate, 20%+ EBITDA margin, proven enterprise customer base, regulatory compliance track record. CUI Labs positioned to achieve these metrics by 2030-2032.
Advantages: Multi-domain TAM (1.71T+), regulatory tailwinds (CISA mandates, MiCA compliance), technical differentiation, and network effects support premium public market valuation.
Timeline: 2030-2032 (Post-Series C)
Secondary Liquidity
Structured secondary transactions at Series B/C enable early investor and employee liquidity without full exit. Growth equity funds (Insight Partners, General Atlantic, Tiger Global) and sovereign wealth funds (Temasek, GIC, ADIA) provide late-stage capital with secondary components. Pro-rata rights in future rounds preserve investor upside while enabling partial liquidity.
Diligence Process
Four-step institutional diligence
Alignment Call
Confirm mandate, cheque size band, and timeline. If there is fit, you get a crisp roadmap read within 24 hours — no endless intro loops.
Data Room Access
Under NDA: dossiers, regulatory maps, and models that do not belong in public HTML. Built for IC packs, not marketing skim.
Technical Deep Dive
Live architecture walkthroughs, telemetry reviews, and compliance Q&A directly with the founder-led engineering team.
Investment Workshop
Collaborative session to finalize tranche structure, milestone gating, and co-investor coordination.
Data Room
Institutional diligence materials
Technical Artefacts
- ·Architecture maps, protocol specs, and product whitepapers for all solutions
- ·Deterministic compute benchmarks and PQC cryptography validation outputs
Commercial Materials
- ·Use-of-funds models, pricing frameworks, and engagement conversion plans
- ·Regulatory mappings spanning MAS, MiCA, DORA, and sector-specific mandates
Founder Build Log
- ·Weekly progress notes, code walkthrough recordings, and infrastructure rehearsal footage
- ·Milestone achievement evidence with lean team execution documentation
Sources & References
Market data citations
All market figures, growth projections, and regulatory dates cited on this page are sourced from published research reports and official government publications. Click any reference to verify.
Market size projections are sourced from third-party research firms and represent their published estimates as of the access date. CUI Labs does not guarantee the accuracy of third-party projections. TAM, SAM, SOM, and MO figures are internal estimates based on product scope and target market segments. All figures should be independently verified during diligence.
Important legal information
Not an offer or solicitation. Nothing on this page constitutes an offer to sell or a solicitation to buy any security in any jurisdiction. Any transaction would be subject to definitive documents, due diligence, and applicable laws. Void where prohibited.
Forward-looking statements. Projections, timelines, ARR illustrations, and scenario language are inherently uncertain. Actual results may differ materially. We undertake no obligation to update this page.
Qualified audiences. Access to confidential materials may be limited to professional / accredited / institutional investors and strategic partners as defined in your jurisdiction.
If the thesis lands, delay is the expensive option
We reserve deep diligence for parties with a real mandate. Request a confidential call — we will either get you answers quickly or tell you honestly if we are not a fit.
Marketing presentation only. Not investment, legal, or tax advice. Past or illustrated performance is not indicative of future results.