Ingonyama

Company Overview

Snapshot

Founded in December 2021 by Omer Shlomovits, Michael Asa, and Danny Shterman, Ingonyama operates with 11–50 employees. The company has raised $20 million across one funding round from 5 investors, with Walden Catalyst Ventures as a lead investor. In November 2023, Ingonyama secured a significant seed funding round.

Business overview

Ingonyama specializes in developing hardware accelerators for advanced cryptography, focusing on Zero-Knowledge Proofs (ZKP). The company's core technology includes a programmable parallel computing processor, similar to a GPU, specifically engineered to accelerate zero-knowledge proofs and fully homomorphic encryption. Ingonyama targets markets within the Industrial Technologies sector, particularly in Microelectronics & Photonics Solutions, serving businesses with its B2B model.

Strategic signal

In November 2023, Ingonyama successfully raised $20 million in a seed funding round.

Company Intelligence Q&A

What is Ingonyama's primary focus?

Ingonyama is focused on developing hardware accelerators for Zero-Knowledge Proof (ZKP) cryptography and fully homomorphic encryption.

When was Ingonyama founded and by whom?

Ingonyama was founded in December 2021 by Omer Shlomovits, Michael Asa, and Danny Shterman.

What was a key funding event for Ingonyama?

In November 2023, Ingonyama raised $20 million in a seed funding round. Walden Catalyst Ventures was a lead investor in this round.

What kind of technology does Ingonyama develop?

Ingonyama develops a programmable parallel computing processor designed to accelerate advanced cryptography, specifically for zero-knowledge proofs and fully homomorphic encryption.

Which sectors does Ingonyama operate in?

Ingonyama operates within the Industrial Technologies sector, with a specific focus on Microelectronics & Photonics Solutions.