Zama has raised $150 million across Series A and Series B funding rounds. The company secured a $73M Series A round in March 2024, followed by a $57M Series B round in June 2025, which valued Zama at $1 billion. Backed by leading crypto-native and deep-tech investors such as Pantera Capital, Blockchange, Multicoin Capital, and Protocol Labs, Zama’s funding highlights strong confidence in fully homomorphic encryption as a foundation for confidential blockchain applications.