How Much Did Zama Raise?
Funding & Key Investors

Zama, an open-source cryptography company specializing in Fully Homomorphic Encryption (FHE) solutions for blockchain, has secured significant enterprise-level funding, with a total capital injection of $131.1M. The company recently announced a major strategic investment of $57M, underscoring its pivotal role in advancing privacy-preserving technologies within the blockchain ecosystem. This latest financing round is expected to accelerate Zama's development and market penetration.

What is Zama?

Zama
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Zama is at the forefront of developing state-of-the-art Fully Homomorphic Encryption (FHE) solutions, enabling computations on encrypted data without decryption. This groundbreaking technology is crucial for enhancing privacy and security in blockchain applications, allowing for more complex and sensitive operations to be performed on-chain. As an open-source initiative, Zama fosters collaboration and innovation within the cryptographic community, aiming to make FHE accessible and practical for widespread adoption in decentralized systems.

How much funding has Zama raised?

Zama has raised a total of $131.1M across 3 funding rounds:

2020

Angel/Seed

$1.1M

2024

Series A

$73M

2025

Series B

$57M

Angel/Seed (2020): $1.1M, investors not publicly disclosed

Series A (2024): $73M led by Metaplanet, Vsquared, Protocol Labs, and Multicoin Capital

Series B (2025): $57M supported by Blockchange Ventures and Pantera Capital

Key Investors in Zama

Metaplanet

Metaplanet is an early-stage investment firm focused on mission-driven founders in deep technologies that positively impact society. They prioritize long-term investments in areas like AI and life sciences, supporting visionary leaders with a founder-friendly approach.

Vsquared

Vsquared Ventures invests in innovative technologies that advance society, with a portfolio spanning next-generation rockets, quantum computers, and AI. They support entrepreneurs in high-risk, high-reward technology sectors.

Protocol Labs

Protocol Labs is a research, development, and deployment lab focused on creating network protocols and software systems that tackle significant challenges through technological breakthroughs and an open-source approach.

What's next for Zama?

With substantial backing from prominent investors, Zama is poised for significant growth and innovation. The recent major strategic investment signals strong confidence in the company's technology and its potential to revolutionize data privacy in the blockchain space. This capital infusion will likely fuel further research and development into FHE applications, expand Zama's engineering team, and drive the adoption of its open-source solutions across various blockchain platforms. The company's trajectory suggests a move towards scaling its operations and solidifying its position as a leader in cryptographic privacy.

See full Zama company page
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Frequently Asked Questions Regarding Zama Financial Insights

What are the most recent funding rounds that Zama has completed, and what were the funding rounds?
Zama has recently completed 3 funding rounds: Series B on Jun 25, 2025, Series A on Mar 6, 2024, Angel/Seed on Apr 23, 2020.
What is the total amount of funding Zama has raised to date?
Zama has raised a total of $131.1M in funding to date.
How many funding rounds has Zama completed?
Zama has completed 3 funding rounds.
How much funding did Zama raise in its most recent funding round?
Zama raised $57M in its most recent funding round.
Who are the lead investors in Zama's latest funding round?
The lead investor in Zama's latest funding round was Blockchange Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Zama's history?
The largest funding round in Zama's history was $73M.
See more information about Zama