Zama, a company specializing in end-to-end encryption solutions, has announced a $57 million Series B funding round. The funds will be directed towards launching their main products and developing the application of this technology for public blockchains.
Investments and Zama's Valuation
Zama has completed a Series B funding round, raising $57 million co-led by U.S.-based investment firms. With total funding exceeding $150 million, Zama's valuation has surpassed $1 billion, reflecting the growing market confidence in Zama's technology.
Protocol and Testnet Announcement
In conjunction with this funding, Zama announced the launch of its Confidential Blockchain Protocol and a public testnet in July 2025, enabling developers to build confidential applications using FHEVM, with additional support for other EVM chains and Solana to follow.
Benefits and Potential of Zama
Zama plans to use the raised funds to enhance its FHE technology, which is currently 100 times faster than its earlier iterations and capable of supporting up to thousands of transactions per second. The protocol aims to open a wide range of applications for secure and confidential computing across finance, healthcare, and other sectors.
With a successful funding round behind it, Zama is poised to achieve significant advancements in the integration of end-to-end encryption for public blockchains, promising higher levels of confidentiality and security for financial technologies.
