https://techcrunch.com/2021/10/05/duality-nabs-30m-for-its-privacy-focused-data-collaboration-tools-built-using-homomorphic-encryption/ > Duality, a startup founded by groundbreaking cryptographers and data scientists that is building tools to make it easier for companies to share data and collaborate with each other without compromising sensitive information, has raised some funding on the back of some significant early deals, including a contract with the U.S. Department of Defense. > The startup, which uses homomorphic encryption — a relatively new technique that lets companies analyze and use encrypted data without needing to decrypt it — to build more privacy-centric, secure collaboration tools, has raised $30 million, in a Series B that includes a number of strategic investors. LG Technology Ventures is leading the round, with Euclidean Capital and the National Bank of Canada’s corporate venture capital arm NAventures also participating, along with previous backers Intel Capital (which led Duality’s Series A), Hearst Ventures and Team8. Duality is not disclosing its valuation.