Ingonyama (Seed)

Funding Details
Awarder
SemiNews
Date Award
September 11, 2023
Vertical
Semiconductors
Funding URL
View Funding Page
Funding Amount:
$20,000,000

Company Info
Founding Year
2022
Founders
Omer Shlomovits, Michael Asa, Danny Sterman
Company Description
Ingonyama is a next-generation semiconductor company specializing in developing a programmable parallel computing processor designed for accelerating advanced cryptography, specifically zero-knowledge proofs and fully homomorphic encryption. The company is currently working on open-source software that efficiently runs cryptography until the chip is ready.
Location
Petah Tikva, Israel
Coinvestors
Walden Catalyst, Geometry, Blue Yard Capital, Samsung Next, Sentinel Global

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