After nearly a decade, the technology and core team of Inpher, the provider of advanced privacy-preserving technologies, has been acquired by Amsterdam-based Arcium. This integration is set to significantly accelerate advancements in secure computing and enhance the capabilities of privacy-preserving artificial intelligence.
Inpher has been at the forefront of developing innovative confidential computing technology, specifically through their Manticore protocol and XOR implementation, which represent some of the most advanced Multi-Party Computation (MPC) solutions for confidential machine learning (training and inference). This technology allows computations to be carried out on encrypted data without ever exposing the underlying information. Since its founding in 2015, the founding team comprising Jordan Brandt and Professor Dimitar Jetchev, has raised over $25 million from investors such as JP Morgan and Swisscom.
Arcium, a decentralized confidential computing network designed to enhance data privacy and usability on the internet, has acquired the core team and technology of Inpher, a move that comes at a pivotal moment for the company. This acquisition enables Arcium to leverage Inpher’s proven technology stack to accelerate its mainnet launch and enhance its technological roadmap. By integrating Inpher's patented innovations, Arcium is significantly expanding its MPC eXecution Environment (MXE) and arxOS capabilities, creating a robust platform for end-to-end encrypted artificial intelligence (AI). This platform supports everything from training encrypted models to performing encrypted inferences with explainable AI.
Through its solutions, Arcium empowers blockchains, artificial intelligence, and Decentralized Physical Infrastructure Networks (DePIN) to utilize advanced encryption technology. The integration of Inpher thus further allows for arbitrary computations on fully encrypted data, reshaping how the internet operates and establishing privacy, security, and decentralization as fundamental pillars of the digital world. Additionally, it provides Web3 native verticals with access to high-performance decentralized confidential computing, paving the way for entirely new design spaces in decentralized finance (DeFi) and DePIN.
“With this acquisition, we accelerate the adoption of confidential computing. Inpher’s advanced MPC solutions combined with Arcium’s efficient and trustless execution engine provides a new paradigm for cloud-level performance while ensuring total data privacy—a key catalyst for decentralized systems to scale”, said Arcium Co-founder and CEO Yannik Schrade.
Jordan Brandt, Co-founder and CEO of Inpher, adds, “…Inpher’s advanced product and technology capabilities position Arcium as the industry leader in decentralized data privacy and security solutions.”
In line with the technology acquisition, the key members of Inpher’s team will join Arcium, including experts in cryptography, machine learning, and confidential computing. They bring decades of experience in MPC, AI, and cryptography to Arcium.
(Press release/RAN)
The new Swiss Venture Capital Report was published on 26 January. It analyses 304 financing rounds closed in 2020 and includes further article such as an interview with Michael Hengartner, President of the ETH Board, and a list of Swiss "soonicorns". 
Please login or sign up to comment.
Commenting guidelines