Cyprus
Nil Foundation is an Information Technology startup based in Cyprus, founded in 2018. The company's slogan, "Development, support and promotion for database and cryptography technologies," encapsulates its core mission. Established in April 2018, =nil; Foundation is dedicated to facilitating and supporting research and development in database management systems and applied cryptography.
With its internal teams, =nil; Foundation aims to create a tightly integrated set of technologies that serve as a secure foundation for data storage in insecure environments. The company received a significant boost with a $22.00M Venture Round investment on 19th January 2023. Noteworthy investors in this round include Blockchain Capital, Polychain Capital, StarkWare, and Mina.
Overall, Nil Foundation's focus on database and cryptography technologies, as well as its recent substantial investment, positions it as a key player in the evolving landscape of secure data management and storage, especially within insecure environments. The backing from prominent investors reflects confidence in the company's potential to make significant contributions to these critical areas of technology.
