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.
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.
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.
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