MagicCube Raises $10M Other

MagicCube, headquartered in Cupertino, California, is a provider of software-based security solutions for payments, digital identity, digital assets, and AI-driven services. The company recently closed the second tranche of its $10 million funding round.

Investors

e& Capital, the investment arm of UAE-based technology group e&, made a strategic investment in the round. The first close of the round included payments technology company Verifone as a strategic investor, alongside existing backers Bold Capital Partners and Mosaik Partners.

MagicCube Use of Funds

The investment supports MagicCube's mission to strengthen trusted digital infrastructure across high-growth markets. The company aims to support secure identity and AI infrastructure as governments, telecom operators, banks, and enterprises increase investment in trusted digital systems.

About MagicCube

MagicCube develops Software Defined Trust, a platform designed to secure payments, digital identities, digital assets, and AI-driven services across multiple devices and environments. Their platform operates across smartphones, tablets, vehicles, self-checkout kiosks, and IoT devices without relying on hardware security components, offering governments, banks, and enterprises greater control over the protection of sensitive data and AI models.

Funding Details

Company: MagicCube
Raised: $10M
Round: Other
Funding Date: May 2026
Lead Investor: e& Capital
Additional Investors: Verifone, Bold Capital Partners, Mosaik Partners
Software Category: Software Defined Trust / Digital Security
Company Website: https://magiccube.co
Source: https://entarabi.com/en/2026/05/magiccube-secures-strategic-investment-from-e-in-10-million-post-quantum-security-round/