COMPANY PROFILE

Ingonyama

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We are building accelerators for advanced cryptography to unlock real-time applications

Petah Tikva, IsraelFounded 2021Cybersecurity

Valuation $50–100M Last recorded · 2024

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Ingonyama

Ingonyama is a next-generation semiconductor company specializing in hardware acceleration for Zero Knowledge Proofs (ZKPs). The company develops accelerators for advanced cryptography, enabling real-time applications and making compute-intensive cryptography accessible for developers. Ingonyama's flagship product, ICICLE, is a GPU-accelerated cryptography library designed to build ZK provers quickly and efficiently. The company focuses on leveraging GPUs due to their parallel processing capabilities, which are crucial for ZK protocols. Ingonyama serves developers and businesses in the cryptography and blockchain sectors, providing tools that simplify and expedite the implementation of ZK protocols. The business model revolves around selling hardware accelerators and software libraries, as well as offering support and documentation to facilitate their use. Revenue is generated through product sales, licensing, and potentially through grants and partnerships.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2021
Headquarters: Petah Tikva, Israel
Employees: 24
Open positions: None listed
Dealroom signal: 61.0/100
Industry: Security
Sub-industry: Data protection
Sector: Cybersecurity, Crypto and Web 3.0 Infrastructure, Crypto and Web3, Semiconductor Designers and Manufacturers, Chips and Processors, Privacy-Enhancing Technologies, Hard Tech
Technology: Blockchain, Hardware, Deep Tech
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

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Funding history

1 recorded event

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SEED✓Equity / VC	Jan 2024	$21M	$84M	BlueYard Capital · IOSG Ventures · Samsung Next · StarkWare Industries	↗

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Growth signals

Ingonyama website traffic

Latest recorded traffic for Ingonyama is 3.6K monthly website visits, down 56.1% over the last three months. Ingonyama's team declined 17.2% over the past year.

Latest monthly visits3.6K 3-month web change-56.1% 1-year team growth-17.2%

Monthly website visitsNov 2023–Jul 2026

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