BlockBeats news, on October 30, the decentralized public network Nillion completed a new round of $25 million financing, bringing the total financing amount to over $50 million. This round of financing was led by Hack VC, with numerous VCs and angel investors participating. Investors who have participated in Nillion include venture capital firms such as Hack VC, Distributed Global, and Hashkey, which are known for their investments in blockchain and distributed infrastructure. Angel investors include well-known figures in the crypto space such as Ansem, Arthur Hayes, and Meltem Demirors, as well as leaders from projects like Worldcoin, Injective, and Sei.
It is reported that Nillion has built the world's first blind computer, and the concept of blind computing allows for the secure processing of sensitive data without revealing its contents, thus enabling the creation of a new ecosystem of private data applications across all sectors. This infrastructure provides private data storage and computation for AI agents, data markets, private DeFi, healthcare analysis, and more. Nillion has collaborated with some of the largest crypto blockchains that require this functionality, including NEAR, Aptos, Arbitrum, Mantle, IO.net, Ritual, and others. Nillion was founded three years ago with the aim of building a future that protects high-value data through decentralized and secure multi-party computation (MPC) and privacy-enhancing technologies (PET) such as homomorphic encryption.
