Nillion has successfully raised $25 million in a funding round led by Hack VC, with contributions from investors associated with Arbitrum, Worldcoin, and Sei.

Among Nillion's partners are prominent blockchain networks such as NEAR, Aptos, and Ritual. The company aims to target projects situated at the nexus of blockchain and AI, addressing the need for secure data sharing and storage.

Nillion is centered on a concept termed "blind computing," which refers to processing data without revealing its contents. This innovation enables the creation of a collaborative application ecosystem that maintains confidentiality.

Nillion's announcement highlighted, "It is imperative that data has the upgraded rails to handle the growing needs of secure storage and computation in this brave new world."