| Description |
| Summary |
Open-source cryptography company building fully homomorphic encryption software for confidential AI and blockchain computation.
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| Description |
Develops open-source FHE libraries and protocols that enable computation on encrypted data for confidential AI/ML, encrypted cloud SaaS, blockchain and privacy-preserving analytics use cases.
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| Positioning |
Privacy-preserving AI and encrypted computation
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| Key facts |
| HQ location |
Paris, France
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| Founded |
2020
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| Employee range |
51-200
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| Funding stage |
Series B
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| Company type |
Private
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| Pricing model |
licensing open source
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| Last updated |
Jun 21, 2026
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| Financials |
| Revenue estimate |
Unknown / not publicly disclosed
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| Valuation estimate |
>$1B valuation announced with Series B
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| Investments |
$57M Series B announced Jun 2025; >$146M total implied by CB + Series B history
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| Relationships |
| Target customers |
Enterprises, blockchain developers, AI/cloud teams, finance, healthcare, government and privacy-sensitive use cases
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| Key competitors |
Duality Technologies, Inpher, OPAQUE, Skyflow, Enveil, IBM confidential computing
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| Known customers |
Dozens of companies licensing FHE technology; names not comprehensively disclosed
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| Segments & Industries |
| Segments |
AI Workflows, AI Developer Tools, LLM Deployment, Traditional ML, AI Governance & Risk
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