Zama develops cryptographic infrastructure that allows developers to build confidential applications on public blockchains. Its platform uses fully homomorphic encryption to ensure data privacy while maintaining programmability and decentralization.
The company focuses on enabling privacy-preserving finance, confidential smart contracts, and secure blockchain computation for enterprises and developers.
What Is Zama and What Does It Do?
Zama, founded in 2019, is a Paris-based cryptography and blockchain infrastructure company. The company develops an open-source protocol that enables confidential smart contracts using fully homomorphic encryption.
Zama provides tools, documentation, and SDKs that allow developers to build privacy-first applications across payments, DeFi, tokenization, and enterprise blockchain use cases. The company operates at the intersection of cybersecurity, cryptography, and decentralized infrastructure.
How Much Funding Has Zama Raised?
1. Series A
- Amount Raised: $73M
- Lead Investors: Multicoin Capital, Protocol Labs, Metaplanet, Blockchange, VSquared Ventures, Stake Capital
- Motivation: To scale development of FHE-based tooling and expand adoption of confidential smart contracts.
2. Series B
- Amount Raised: $57M
- Lead Investors: Blockchange, Pantera Capital
- Motivation: To commercialize the protocol, expand enterprise use cases, and strengthen the open-source ecosystem.
Total Funding Raised: $150 Million
Current Valuation: $1 Billion (as of June 2025)
Latest Funding Date: June, 2025
Key Investors
1. Pantera Capital
- Details: A blockchain-focused investment firm backing infrastructure and protocol-level innovation.
- Investment Focus Areas: Blockchain, cryptocurrencies, Web3 infrastructure.
- Notable Investments: Zama.
2. Multicoin Capital
- Details: A thesis-driven crypto investment firm focused on foundational blockchain technologies.
- Investment Focus Areas: Crypto protocols, decentralized infrastructure.
- Notable Investments: Zama.
3. Protocol Labs
- Details: A research and development organization supporting decentralized protocols and open-source networks.
- Investment Focus Areas: Web3 infrastructure, decentralized storage, cryptography.
- Notable Investments: Zama.
Where Is Zama’s Headquarters?
Zama is headquartered in Paris, France, placing it at the center of Europe’s growing cryptography and deep-tech ecosystem.
What’s Next for Zama?
Zama is focused on commercializing fully homomorphic encryption at scale and expanding adoption of confidential smart contracts across public and enterprise blockchains. With unicorn status achieved, the company is expected to deepen ecosystem partnerships, onboard enterprise use cases, and become a foundational layer for privacy-first Web3 infrastructure.
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