While challenges of confidentiality on public blockchains become central to decentralized financial applications, French startup ZAMA announces Fundraising EUR 57 million in series B to speed up its complete homomorphic encryption solutions (FHE) and prepares its main.
FHE, long -term cryptographic technology limited to research laboratories, allows you to calculate directly on encrypted data. With NaMA, this innovation is based on the academic field to become an industrial lever in the service of blockchain, artificial intelligence, and a intimate cloud.
ZAMA is developing open source infrastructure, which allows intelligent encrypted data contracts without having to decrypt it, thanks to its FHEVM engine. Allows developers to create intimate applications performed on-theeWithout knowing cryptography remaining in standard environments such as Ethereum or Solidey.
Native confidentiality on blockchain will then become possible. Among the applications already identified: Confidential stable emissions, tokenization of regulated assets, private portfolio management, identification without disclosing identity or even decentralized infrastructure for sovereign digital communities.
This lifting comes at the time of starting the confidential protocol ZAMA and its public testnet, which opens access to its tools to the entire community of developers. More than 5,000 developers are already using FHE libraries that Zama offers.
The company claims that it has taken the main technical step, its FHE engine is now 100 times faster than when it was launched. It allows for several hundred transactions per second to rely on the GPU and works on a reserved chip to achieve an industrial scale. The company’s aim of the company within five years focuses on the scalability multiplied by a hundred.
“We believe that in the long run, most blockchain transactions will have to be confidential,” Dr. Rand Hindi, co -founder and CEO of ZAM. “This lifting allows you to speed up the provision of this technology in the hands of developers and real products.” »»
The round table was designed as a strategic operation aimed at bringing specialized investors blockchain to the ecosystem Zama. “The market recognizes the ability of our team to bring confidentiality to financial applications on-alignment. Add Hindi.
For Paul Vídittakit, the Pantera Capital control partner, “the start of the ZAMA FHE protocol is a significant step for cryptography”. It emphasizes that technology now allows decentralized “safe, compatible and verifiable” decentralized applications in the AI fields, crypto-active and cloud applications.
Ken Seiff, a cooperating partner of Blockchange Ventures, evokes a paradigm change comparable to Ethereum in 2014. »» »» »
ZAMA won EUR 57 million in series B from the American Funds Blockchange Ventures and Pantera Capital. The total funds obtained by the company now exceed EUR 129 million. The valuation after the increase is determined above billions of dollars. Founded in 2024 Dr. Rand hindi AND Dr. Pascal PaillierIt is based in France and now has more than 5,000 active developers on its cryptographic tools with open source code.
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