Tech Company Financing Transactions

Zama Funding Round

Zama, based in Paris, secured $73 million from Multicoin Capital, Protocol Lab and Blockchange Ventures.

Transaction Overview

Company Name

Zama

Announced On

3/7/2024

Transaction Type

Venture Equity

Amount

$73,000,000

Round

Series A

Investors

Multicoin Capital (Lead Investor) (Kyle Samani)

Protocol Lab (Lead Investor)

Blockchange Ventures

private investors (Anatoly Yakovenko)

private investors (Gavin Wood)

private investors (Juan Benet)

Metaplanet

Stake Capital

Vsquared Ventures

Proceeds Purpose

The funds will be used to hire talented engineers, software developers, and researchers in cryptography to maintain its open-source libraries and collaborate with strategic partners to develop a new class of FHE.

Company Information

Company Status

Private & Independent

Industry

Artificial Intelligence

Mailing Address

8 rue du Sentier
Paris, 75002
France

Phone

Undisclosed

Website

www.zama.ai

Email Address

Not Recorded

Overview

Zama is an open source cryptography company building state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain and AI. We believe people shouldn't care about privacy. Not because it doesn't matter, but because it shouldn't be an issue!

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Rand Hindi

Chief Operating Officer

Jeremy Bradley

Chief Scientific Officer

Marc Joye

Chief Technical Officer

Pascal Paillier

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