What does Lattica do?
Lattica offers a platform that enables secure and private querying of AI models through fully homomorphic encryption (FHE). Its homomorphic encryption abstraction layer (HEAL) connects FHE applications, algorithm implementations, and diverse hardware backends, ensuring that user queries remain encrypted throughout the machine learning inference process.
How much did they raise?
The company raised $3.25M in a Pre-Seed round led by Konstantin Lomashuk's Cyber Fund, with participation from angel investor Sandeep Nailwal and The Open AGI Foundation.
What are their plans for the money?
Lattica intends to use the funds to expand its operations and accelerate development, potentially transforming secure AI computation in critical sectors such as healthcare and finance.
What have they achieved so far?
The firm has already built a robust FHE-based platform that facilitates secure cloud-based AI services, demonstrating significant progress towards its mission.
