We have been awarded €2 million from the EU to further develop the Proton ecosystem

▤ Summary

First, Horizon 2020 funding comes in the form of grants, and because of that, they do not increase our debt, nor does it give the EU any shares or voting control in Proton Technologies. The EU has now clearly signaled its support for privacy rights and is betting on Proton Technologies to deliver a European answer to the data mining monopolies of US tech giants like Google. In this process, the Commission also sought input from the people who use our software, including some of the millions of individual EU citizens who use ProtonMail, and also customers of our business secure email solutions. We are glad that the European Commission has recognized our technical excellence, transparent and ethical business model, and the importance of our mission. This funding will without a doubt accelerate our ProtonDrive efforts and help us bring more value to the existing Proton community.

▦ Linked Companies

ProtonMail

$50M to $100M