Niobium Microsystems

Website

Niobium Microsystems, Inc.

5 Investors
Microelectronics and Security Technology
DAYTON, OH

Niobium Microsystems, Inc. is an innovative technology company specializing in the development of high-performance microelectronic components designed for secure data processing and distribution. Founded in 2021 as a spin-out from the esteemed cryptography and privacy firm Galois, Niobium aims to address the critical issue of slow and insecure data processing. With a focus on fully homomorphic encryption (FHE), the company provides cutting-edge hardware solutions that enhance the security and efficiency of data handling.

Products & Team

FHE Hardware Accelerator

Data Security HardwareSeed

The FHE Hardware Accelerator is a custom PCIe card that offers unprecedented speed for fully homomorphic encryption applications. It is engineered to efficiently manage substantial data volumes while being fully compatible with current FHE libraries and software solutions.

Value Proposition

The product solves the problem of slow and insecure data processing by significantly enhancing the performance of FHE applications, ensuring both confidentiality and integrity in sensitive data handling.

Pain Points

Customers face challenges related to slow data processing speeds, insecure handling of sensitive information, and the need for robust privacy guarantees in their data computations.

World's fastest FHE hardware acceleratorCustom PCIe card designOptimized for large data processingSupports all main FHE schemes
Industry
Other Technology
Primary business sector
Founded
2025
Year established
Location
DAYTON, OH
Primary headquarters

Funding History

Total Raised:
$12.8M
E

Option to Acquire Offering

March 2025
$25.0M
Target
Use of Proceeds
Proceeds are intended to be primarily used for working capital purposes. As such, some proceeds may be used to pay the salaries / wages of related parties, but no proceeds are earmarked for such purpose.
Progress
51%
Raised
$12.8M
Target
$25.0M
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