{"id":33703,"date":"2025-06-25T17:02:38","date_gmt":"2025-06-25T17:02:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=33703"},"modified":"2025-06-25T17:02:38","modified_gmt":"2025-06-25T17:02:38","slug":"zama-raises-57m-becomes-first-unicorn-involved-with-fully-homomorphic-encryption","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=33703","title":{"rendered":"Zama Raises $57M, Becomes First Unicorn Involved With Fully Homomorphic Encryption"},"content":{"rendered":"<div>\n<p>Zama, a cryptography company pioneering fully homomorphic encryption (FHE) for blockchains, said it raised $57 million in a series B round co-led by Blockchange Ventures and Pantera Capital.<\/p>\n<p>The team said the fundraise pushes Zama\u2019s total capital raised to over $150 million and values it at over $1 billion, making the firm the first unicorn involved with FHE.<\/p>\n<p>Fully homomorphic encryption is a way of keeping data private even while it&#8217;s being used, making it especially valuable for sensitive applications in blockchain and AI. The funding, which comes as Zama&#8217;s public testnet opens for use, will go toward the mainnet introduction, growing its ecosystem adoption, and research efforts.<\/p>\n<p>The Zama protocol allows developers to build encrypted <a href=\"https:\/\/www.coindesk.com\/learn\/what-is-a-dapp-decentralized-apps-explained\/\">decentralized applications<\/a> (dapps) without needing deep cryptographic expertise. Use cases can range from confidential stablecoin issuance and asset tokenization to private identity verification and governance in network states, according to a statement shared with CoinDesk. It also has uses outside the blockchain environment, such as health care and defense, where secure computation on encrypted data is increasingly crucial.<\/p>\n<p>\u201cZama is commercializing an entirely new generational technology that could redefine how confidentiality is handled in the blockchain and, ultimately, in all of cloud computing,\u201d Ken Seiff, co-managing partner of Blockchange Ventures, said in the statement. <\/p>\n<p>\u201cThis is our third and largest investment in Zama. Not since I first saw Ethereum in 2014, have I seen a company commercializing an entirely new technology that could be as foundational to our global technology infrastructure.\u201d<\/p>\n<p>Zama&#8217;s <a href=\"https:\/\/www.coindesk.com\/business\/2024\/03\/07\/cryptography-firm-zama-raises-73m-for-fully-homomorphic-encryption-apps\">series A round<\/a>, in which it raised $73 million, was led by Multicoin Capital and Protocol Labs.<\/p>\n<p><strong><em>Read more: <a href=\"https:\/\/www.coindesk.com\/business\/2024\/03\/07\/cryptography-firm-zama-raises-73m-for-fully-homomorphic-encryption-apps\">Cryptography Firm Zama Raises $73M for &#8216;Fully Homomorphic Encryption&#8217; Apps<\/a><\/em><\/strong><\/p>\n<p><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Zama, a cryptography company pioneering fully homomorphic encryption (FHE) for blockchains, said it raised $57 million in a series B round co-led by Blockchange Ventures and Pantera Capital. The team said the fundraise pushes Zama\u2019s total capital raised to over $150 million and values it at over $1 billion, making the firm the first unicorn [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-33703","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=33703"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/33703\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}