Nillion

Nillion

A public network based on the invention of a new cryptographic primitive, Nil Message Compute.

  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor investor investor investor investor investor investor investor

€0.0

round
investor investor investor investor investor investor investor

€0.0

round
*

$25.0m

Early VC
Total Funding000k

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD2023
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

More about Nillion
Made with AI
Edit

Nillion is a pioneering startup that is revolutionizing the way high-value data is stored, processed, and shared. It operates in the data storage and processing market, serving a wide range of clients from various industries such as retail, medical, legal, banking, and AI.

Nillion's business model is based on a decentralized computing platform that uses a unique technology called Nil Message Compute (NMC). This technology is an advancement on Multi-Party Computation (MPC) and Homomorphic Encryption, which are methods used to securely process data. NMC allows nodes in a decentralized network to compute information securely and verifiably without having to send messages to each other. This is a significant improvement over traditional MPC, which requires messaging between nodes and slows down computation speeds.

The company's innovative approach allows for the secure storage and processing of high-value data, opening up new decentralized use cases such as machine learning on invisible datasets, quantum secure messaging, smart custody of digital assets, distributed biometric authentication, verifiable dark pools, collaborative block building, and composable digital identity.

Nillion makes money by providing its platform to developers who create applications across various industries. The platform's ability to handle high-value data securely and efficiently makes it a valuable tool for businesses that handle sensitive information.

In conclusion, Nillion is a cutting-edge startup that is pushing the boundaries of data storage and processing. Its unique technology and wide range of potential applications make it a promising player in the data storage and processing market.

Keywords: Nillion, Nil Message Compute, decentralized computing platform, high-value data, secure data processing, Multi-Party Computation, Homomorphic Encryption, data storage, data processing, decentralized applications.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Book a Demo