Zama SAS, an open-source cryptography startup focused on building fully homomorphic encryption or FHE technology to protect privacy in blockchain and artificial intelligence applications, said today it has closed on a hefty $73 million early-stage round of funding. The Series A round was led by Multicoin Capital and Protocol Labs, and saw participation from Metaplane, Blockchange Ventures, VSquared and Stake Capital, as well as blockchain pioneers Juan Benet (founder of Filecoin), Anatoly Yakovenko (co-founder of Solana) and Gavin Wood (co-founder of Ethereum and co-creator of Polkadot).

Source: SiliconANGLE