Niobium raises over $23M to advance its second-generation fully homomorphic encryption (FHE) hardware platform. This seed round includes both returning and new strategic investors.
PRIVATEDec 03, 2025
Amount Raised
$23 Million
Round Type
Seed
DaytonManufacturingInformation Technology
Investors
Blockchange VenturesOhio Innovation FundRev1 VenturesMorgan Creek CapitalFusion Fund
Description
Niobium has raised over $23 million in oversubscribed follow-on funding to accelerate the development of its second-generation fully homomorphic encryption (FHE) hardware platform. The capital will support Niobium’s transition from prototype to production-ready silicon. The round reflects growing market confidence in FHE as a quantum-resilient privacy technology. Investors include Fusion Fund, Morgan Creek Capital, Rev1 Ventures, Ohio Innovation Fund, and new strategic investor Blockchange Ventures.
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Company Information
Company
Niobium
Location
444 EAST 2ND STREET
Dayton, Ohio, United States
About
Niobium is blazing a new path for the data economy by developing custom hardware solutions for Zero Trust Computing. Niobium is pioneering the first dedicated hardware capable of advancing fully homomorphic encryption (FHE) into commercial applications. This technology keeps data encrypted even during computing, enabling a new class of multi-party machine learning and statistical analysis applications with mathematically guaranteed privacy. Niobium is headquartered in Dayton, Ohio, and has offices in Columbus, Ohio, Portland, Oregon, and San Francisco, California.
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