Fundz

Belfort, a KU Leuven spinoff, raises $6M in a seed round led by Vsquared Ventures to advance encrypted data processing technology.

PRIVATESep 24, 2025

Amount Raised

$6 Million

Round Type

Seed

San FranciscoInformation TechnologyArtificial IntelligenceCyber Securityinformation technology & services

Investors

Jeff DeanCredibly NeutralPrototypeAnagramProtocol VCInovia CapitalSyndicate OneNaval RavikantVsquared Ventures

Description

Belfort has closed a $6 million seed round to make encrypted data processing practical in real time. The round was led by deeptech investor Vsquared Ventures, with participation from several other investors. The funds will support team expansion, technology advancement, and development of a custom chip. Belfort's technology addresses the essential need to protect sensitive data during processing.

Quick answer

Belfort raised $6 Million in a Seed round, dated September 24, 2025. Investors: Jeff Dean, Credibly Neutral, Prototype, Anagram, Protocol VC, Inovia Capital, Syndicate One and Naval Ravikant. Belfort is based in San Francisco, California, United States.

How much did Belfort raise?
Belfort raised $6 Million in a Seed round on September 24, 2025.
Who invested in Belfort?
Jeff Dean, Credibly Neutral, Prototype, Anagram, Protocol VC, Inovia Capital, Syndicate One and Naval Ravikant are named as investors in this round.
What does Belfort do?
Belfort is an encryption startup that focuses on making encrypted data processing practical in real-time.
Where is Belfort based and how big is it?
Belfort is based in San Francisco, California, United States. Fundz records about 30 employees.
Who are the decision-makers at Belfort?
Fundz holds 1 contact at Belfort. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Cyber Security and information technology & services around the same time

Companies in the same sectors as Belfort that raised within 45 days of this round, from Fundz verified event records.

  • Cassava Technologies raised $720M (Funding Round) on October 24, 2025.
  • Bricklayer AI raised $5M (Seed) on October 22, 2025.
  • Swarmer raised $12M on September 22, 2025.
  • Irregular raised $80M (Funding Round) on September 17, 2025.
  • Swarmer raised $15M (Series A) on September 16, 2025.
  • TENEX.AI raised $27M (Series A) on September 11, 2025.

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Company Information

Company

Belfort

Location

San Francisco, California, United States

About

Belfort is an encryption startup that focuses on making encrypted data processing practical in real-time. It has developed a hardware accelerator for encrypted compute, allowing computation directly on encrypted data without decryption. The technology addresses the need for secure processing of sensitive data across fields like healthcare, finance, and government. Founded as a spinoff from KU Leuven's COSIC lab, Belfort aims to establish secure computing as essential in an AI-first world.

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Belfort raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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