Zama
Open Source Cryptography
France · Founded 2020 · $130.0M raised
- Employees
- 51–200
- Founded
- 2020
- Business Model
- B2B
- Website
- zama.ai
- Total Funding
- $130.0M
- Last Round
- $57.0M Series BJun 2025
- Rounds
- 2
About
Zama is an open-source cryptography company building state-of-the-art Fully Homomorphic Encryption (FHE) solutions for blockchain and AI applications. Its core libraries — TFHE-rs, Concrete, Concrete ML, and FHEVM — enable computation on encrypted data without decryption, powering confidential smart contracts and privacy-preserving machine learning. The team of 96 includes 37 PhDs across 26 nationalities.
Summary
Zama is a Crypto & Web3 company based in France, founded in 2020. It has raised $130.0M in total across 2 rounds, most recently a $57.0M Series B round in Jun 2025. Investors include Pantera Capital, Blockchange Ventures and Multicoin Capital.
Tech & App Stack
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Funding History
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Jun 2025
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Series A through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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