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Niobium raised $23M to advance its FHE hardware for secure, encrypted computing.
Dayton-based Niobium has raised over $23 million in a follow-on investment to advance its second-generation fully homomorphic encryption (FHE) hardware accelerators, moving from prototype to production-ready silicon.
The funding, led by returning investors and backed by new participants including ADVentures, Blockchange Ventures, and JobsOhio Ventures, will support hardware-software co-design and performance improvements.
Niobium’s FHE technology enables computing on encrypted data with mathematically guaranteed privacy, offering quantum-resilient security amid rising threats from AI and quantum computing.
The company’s Early Access Program is expanding with partners in hyperscaling, blockchain, and federated learning.
Investors highlight Niobium’s unique combination of cryptographic and semiconductor expertise as key to scaling privacy-preserving computing infrastructure.
Niobium recaudó $23M para avanzar en su hardware FHE para computación segura y encriptada.