Cryptography Firm Zama Raises $73M for 'Fully Homomorphic Encryption' Apps
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The 'FHE' technology allows for processing of encrypted data, useful for privacy in blockchain and AI.
![Cryptography Firm Zama Raises $73M for 'Fully Homomorphic Encryption' Apps](https://www.coindesk.com/resizer/Gk72KYOd1mTeDjWtzJ1ykFVKdjk=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/5QTUN6FXYVAR3CG3WWJ2Y5DCUA.jpeg?#)
The funding found was led by Multicoin Capital and Protocol Labs and included participation from Solana co-founder Anatoly Yakovenko and Ethereum and Polkadot co-founder Gavin Wood. The 'FHE' technology allows for processing of encrypted data, useful for privacy in blockchain and AI.
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