Coinspeaker
Zama Secures $73M in Funding to Enhance Privacy in Blockchain and AI
Zama, a French-based open-source cryptography company, has secured $73 million in a Series A funding round to enhance privacy in the blockchain and artificial intelligence (AI) sectors.
Founded in 2020, Zama announced the fundraising in an email on Thursday. The funding, raised in two parts, includes an equity investment and brings the company’s total fundraising to approximately $80 million.
Enhancing Customer Support
In a press release accompanying the email announcement, Zama stated that the latest funding round lasted two years before its completion. Two prominent crypto companies, Multicoin Capital and Protocol Labs, led the investment.
Other firms, including Metaplanet, Blockchange Ventures, Vsquared Ventures, and Stake Capital, contributed to the round with undisclosed investments.
Additionally, Zama received investments from notable angel investors such as Filecoin founder Juan Benet
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