AI privacy start-up Lattica rakes in $3.25m pre-seed funding

Lattica

Lattica, a cloud-based platform pioneering the secure and private use of AI through Fully Homomorphic Encryption (FHE), has emerged from stealth with fresh backing to drive its ambitious plans.

Lattica announced a $3.25m pre-seed funding round, headed by Konstantin Lomashuk’s Cyber Fund, with additional participation from angel investor Sandeep Nailwal, co-founder of Polygon Network and Sentient: The Open AGI Foundation, among others.

Lattica’s technology is created to establish a critical new standard for sectors such as healthcare, finance and government, where concerns around data privacy and security have slowed AI adoption. Its platform leverages FHE to ensure all communications between AI providers and end users remain encrypted throughout the process, eliminating the need for decryption.

With the new capital, Lattica plans to further expand its FHE-based platform, enhancing secure data processing capabilities for industries handling sensitive information. The firm also plans to scale its offering across a wide range of hardware infrastructures, making secure AI practical and accessible for all that use it.

Lattica’s founder and CEO, Dr. Rotem Tsabary, holds a PhD in lattice-based cryptography from the Weizmann Institute of Science. The company’s innovation lies in its Homomorphic Encryption Abstraction Layer (HEAL), a cloud-based service that boosts FHE performance and standardises acceleration across GPUs, TPUs, CPUs and specialised hardware like ASICs and FPGAs. As part of its emergence from stealth, Lattica has also released demos and published findings from an FHE community survey, which confirmed a growing belief that hardware and software integration is key to making FHE commercially viable.

Lattica founder and CEO Dr. Rotem Tsabary said, “By combining the advancements of hardware acceleration with software-based optimization, we realized that not only could we improve FHE efficiency to the point of commercial viability, but use it to solve critical data dilemmas holding back AI’s adoption in sensitive industries. We’re enabling practical FHE by developing a solution that is tailor-made for neural networks.”

Cyber Fund managing partner Konstantin Lomashuk said, “Lattica is pushing the boundaries of Fully Homomorphic Encryption, solving one of the most critical challenges in AI security. Cyber Fund is proud to have led Lattica’s pre-seed round. This is the kind of deep-tech innovation that defines the future, and we’re excited to see Lattica leading the way.”

Polygon Network co-founder and Lattica investor Sandeep Nailwal said, “Lattica’s product-first approach fundamentally transforms sensitive data processing in the AI ecosystem. Lattica has made FHE a reality that is both practical and scalable, as Tsabary and her research team is proving that advances in the machine learning stack can significantly boost the performance of FHE and have an immediate impact on the market.”

Elsewhere in the Cybersecurity world, SquareX, a CyberTech pioneering BDR technology, has announced the close of a $20m Series A funding round.

SquareX provides its users a unique solution in browser security by transforming any selected browser into an enterprise-grade secure browser through a simple extension. Unlike traditional enterprise browsers that often create friction for users, SquareX’s technology offers something different – it provides the functionality of dedicated secure browsers without requiring disruptive change management.

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