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FinTecBuzz

Zama raises $73M Series A lead by Multicoin Capital, Protocol Labs

Zama raises $73M Series A lead by Multicoin Capital, Protocol Labs

ZamaMarch 7, 20245 min

Zama, an open source cryptography company building state-of-the-art FHE solutions to protect privacy in blockchain and AI, announced a $73M Series A round led by Multicoin Capital and Protocol Labs, with participation from Metaplanet, Blockchange Ventures, VSquared, and Stake Capital, as well as blockchain pioneers Juan Benet (founder of Filecoin), Anatoly Yakovenko (co-founder of Solana), and Gavin Wood (co-founder of Ethereum and co-creator of Polkadot). The funds will be used to hire talented engineers, software...

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