What is Zama?
Zama operates at the intersection of open-source software and advanced cryptography, specializing in the development of Fully Homomorphic Encryption (FHE) solutions. FHE is widely considered the holy grail of data privacy, as it allows for the processing of encrypted data without ever needing to decrypt it, thereby ensuring complete confidentiality during computation. By focusing on blockchain and enterprise-grade applications, Zama provides the necessary tools for developers to build privacy-first decentralized applications and secure cloud services. Their market position is defined by a rigorous focus on deep tech innovation, enabling organizations to maintain data sovereignty while utilizing the power of modern cloud and distributed ledger technologies.
How much funding has Zama raised?
Zama has raised a total of $131.1M across 3 funding rounds:
Angel/Seed
$1.1M
Series A
$73M
Series B
$57M
Angel/Seed (2020): $1.1M, investors not publicly disclosed
Series A (2024): $73M led by Protocol Labs, Metaplanet, Vsquared, and Multicoin Capital
Series B (2025): $57M supported by Pantera Capital and Blockchange Ventures
Key Investors in Zama
Pantera Capital
Pantera Capital is a blockchain-focused investment firm that backs founders and digital asset networks, combining venture and hedge strategies to shape future financial infrastructure.
Blockchange Ventures
Blockchange Ventures is a dedicated blockchain venture fund that supports extraordinary founders with visions as big and bold as the blockchain itself.
Protocol Labs
Protocol Labs is a research, development, and deployment lab for network protocols, creating software systems that tackle significant challenges through technology breakthroughs.
What's next for Zama?
With the successful closure of this latest funding round, Zama is poised to scale its engineering efforts and expand its footprint in the enterprise sector. The strategic focus will likely shift toward optimizing FHE performance for real-world, high-throughput environments, making privacy-preserving computation accessible for mainstream adoption. As the regulatory landscape for data protection tightens globally, Zama's technology serves as a critical component for companies seeking to balance data utility with stringent compliance requirements. The firm will continue to foster its open-source ecosystem, ensuring that its cryptographic primitives remain the standard for secure, trustless computation in the blockchain and cloud computing domains.
See full Zama company page
