Zama raised $57 M in a Series B round on 2025-06-24.

According to media reports, Zama raised $57 M in a Series B round on 2025-06-24.the investors in this funding round include Pantera Capital,Blockchange Ventures and others. Following this round, Zama has raised a total of $130 M, bringing its latest valuation to $1 B.

Zama is a cryptography company building open source homomorphic encryption tools for developers.Homomorphic encryption (FHE) is a technology that enables processing data without decrypting it. This can be used to create private smart contracts on top of public, permissionless blockchains, where only specific users would be able to see the transaction data and contract states.