Observed Signal · Sep 24, 2025 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
Belfort raises $6M seed for encrypted-compute accelerator
Belfort, a KU Leuven spinoff specializing in encrypted computing, has raised $6 million in seed funding. The round was led by deeptech investor Vsquared Ventures, with participation from Anagram, Protocol VC, Inovia Capital, Syndicate One, Prototype, Credibly Neutral, and angel investors Jeff Dean and Naval Ravikant. The company develops a hardware accelerator that enables computation directly on encrypted data without decryption, overcoming speed and cost barriers. The technology is available via AWS Marketplace and targets healthcare, finance, and government applications, including fraud detection and genomic analysis. Belfort originated from KU Leuven's COSIC lab and will use the funds to double its team, accelerate product development, and advance custom chip design across its San Francisco and Leuven offices.
Encrypted computing is a niche but important technology for data privacy; this seed round signals growing investment in secure infrastructure that could impact AdTech privacy solutions.
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Key Takeaways & Evidence Grounding
- Belfort raised $6 million in seed funding.
- The round was led by deeptech investor Vsquared Ventures.
- Belfort develops a hardware accelerator for encrypted compute.
- The technology is available via AWS Marketplace.
- Belfort is a spinoff from KU Leuven's COSIC lab.
Connected Companies & Entities
3 Entities mapped“with participation from Inovia Capital...”
“angels including Jeff Dean (Google) and Naval Ravikant...”
“The technology is available via AWS Marketplace...”
Ontology Mapping & Concepts
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