Wednesday, June 25, 2025

Paris-based Zama, which is developing fully homomorphic encryption tech for blockchain and AI apps, raised a $57M Series B at a $1B+ valuation (Cate Lawrence/Tech.eu)

Cate Lawrence / Tech.eu:
Paris-based Zama, which is developing fully homomorphic encryption tech for blockchain and AI apps, raised a $57M Series B at a $1B+ valuation  —  With GPU scaling, chip development, and Ethereum-compatible tools, Zama is turning FHE from theoretical to practical at scale.



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...