Zama
Zama is a cryptography company that develops open-source software for Fully Homomorphic Encryption to enable data processing on encrypted information.
Zama has raised €116M across 2 funding rounds from 10 investors, most recently a Series B round in Jun 2025. Based in Paris, France; active in Software. Data as of 28 Oct 2026.
Total raised
€116M
€115,741,989
Funding rounds
2
Investors
10
distinct backers
Active since
2024-03
latest 2025-06
Funding by year
EUR raised per yearZama — funding by year — interactive chart.
Data table
| Zama — funding by year | |
|---|---|
| 2024 | €67M |
| 2025 | €49M |
Signals
High confidenceRaise-next likelihood58
base rate 48% for Series B
- ▲ In typical raise window
- ▼ Down/flat last round
- ▼ Low backer re-investment
Exit likelihood18
base rate 11% (2+ rounds)
- ▲ €100M+ raised
- ▼ Young (<3y)
- ▲ Recent equity round, but funding momentum is down (may be rescue financing)
Timing: in window vs cohort gap · momentum down. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
2 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2025-06-26 | Series B | €49M | Blockchange Ventures,Pantera Capital | View deal → |
| 2024-03-07 | Series A | €67M | Multicoin Capital,Anatoly Yakovenko,Blockchange Ventures,Gavin Wood,Juan Benet,Metaplanet+3 more | View deal → |
Investors
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