Belfort
Track on RadarBelfort builds hardware to accelerate Fully Homomorphic Encryption for secure compute.
- Total raised
- $6M
- Employees
- 48
- Founded
- 2025
- Momentum
- 61
Steady
Data updated August 2026
About
About Belfort
At a glance
Belfort is a cybersecurity company specializing in Data Protection, founded in 2025 and headquartered in Leuven, Belgium. It has raised $6M in total funding, employs about 48 people, and is privately held.
Belfort is a hardware and cryptography company focused on accelerating Fully Homomorphic Encryption (FHE) to practical, production-grade performance. The company develops purpose-built hardware and proprietary algorithmic improvements that enable computation on encrypted data without ever requiring decryption, maintaining end-to-end data confidentiality throughout every operation. The core technology centers on a patented streaming architecture for FHE acceleration, developed through research rooted in KU Leuven and contributions to DARPA's DPRIVE program. Belfort's hardware platform is designed to bring encrypted compute workloads — which have historically been computationally prohibitive — to speeds and scales suitable for real-world deployment. Target use cases span several high-stakes industries: - National security and government: protecting intelligence and citizen data integrity - Finance: enabling fraud detection, credit assessment, risk management, and compliance on encrypted client data - Healthcare: allowing hospitals, pharmaceutical companies, and researchers to collaborate and analyze patient and genomic data without exposing it - Crypto and blockchain: making confidential smart contracts, payments, and DeFi protocols viable at scale The company was founded by a team of cryptographers, hardware engineers, and mathematicians, with leadership holding academic and industry backgrounds from KU Leuven, Microsoft Research, Intel, Google[x], and Rambus. Belfort operates as a product company, offering dedicated hardware that integrates into existing infrastructure.
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Valuation
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Products
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FAQ
Frequently asked questions about Belfort
When was Belfort founded?▾
Belfort was founded in 2025.
Where is Belfort headquartered?▾
Belfort is headquartered in Leuven, Belgium.
How much funding has Belfort raised?▾
Belfort has raised a total of $6M in total funding.
Is Belfort public or private?▾
Belfort is a privately-held company.
How many employees does Belfort have?▾
Belfort has approximately 48 employees.
What does Belfort do?▾
Belfort is a hardware and cryptography company focused on accelerating Fully Homomorphic Encryption (FHE) to practical, production-grade performance. The company develops purpose-built hardware and proprietary algorithmic improvements that enable computation on encrypted data without ever requiring…