Zama completes US$73 million in Series A financing, led by Multicoin Capital and Protocol Labs

03/07 05:16

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Open-source encryption company Zama raised $73 million in Series A financing to develop applications based on fully homomorphic encryption (FHE). Multicoin Capital and Protocol Labs led the financing round, with Anatoly Yakovenko, co-founder of Solana, and Gavin Wood, co-founder of Ethereum and Polkadot, also participating.

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