Zurich-based Decentriq announced a USD 15 million Series A led by Eclipse Ventures, with existing investors Atlantic Labs, btov Partners and Paladin Capital Group participating. The financing backed its data clean room platform, which lets organizations collaborate on sensitive information without giving other participants unrestricted access to the underlying records.
The system uses confidential computing to protect data while it is being processed, alongside controls on what analyses participants can run. Decentriq planned to expand the platform's analytical capabilities, including support for Python, R and machine learning, and to grow its commercial and technical teams. The aim was to make joint analysis practical for organizations whose commercial or regulatory obligations prevent them from pooling raw data.
