How Mollik Wiesner raised £2M Pre-Seed to build the privacy layer for real-world assets
Challenge
Mollik Wiesner set out to solve what they call the Privacy Paradox in real estate: institutions want the liquidity that blockchain offers for real-world assets, but they cannot risk exposing sensitive transaction data on public ledgers. The tokenization space was growing fast, with on-chain RWA markets surpassing $27B, but every existing solution forced a tradeoff between transparency and confidentiality. Saqib saw the gap: there was no infrastructure layer that let institutions tokenize property and private market assets while keeping commercially sensitive data fully encrypted during computation. The technical challenge was steep (building with Fully Homomorphic Encryption for production-grade use cases), and the fundraising environment for DeepTech/FinTech crossover plays in Europe was competitive. Mollik Wiesner needed to sharpen its positioning, validate the technical thesis with institutional buyers, and put together a raise that matched the ambition.
Approach
During the Freshmango program, the team worked with mentors to pressure-test the go-to-market strategy and refine how they communicated a deeply technical product to non-technical investors. The core work included rebuilding the pitch narrative around the Privacy Paradox framing (moving away from jargon-heavy blockchain language toward a problem-first story that institutional investors could immediately grasp), stress-testing the financial model and unit economics for a hardware-adjacent encryption product, and mapping the investor landscape across Germany, Italy, and the UK to identify strategic capital (not just financial backers) who could open doors in private markets and real estate.
Solution
Mollik Wiesner built the world's first Confidential Compute layer for Real-World Assets, using Fully Homomorphic Encryption (FHE) to enable institutions to tokenize, trade, and manage private market assets without ever exposing the underlying data. The platform turns real-world assets into programmable securities with privacy-preserving encryption baked in at the infrastructure level, not bolted on as an afterthought. With the positioning locked and the investor pipeline built during the program, Mollik Wiesner closed a £2,000,000 Pre-Seed round led by strategic partners Adler Group GmbH and AFC Holding Srl, with early backer Anna Maria Adler committing before the deck was even finished.
Results
What’s next
With the Pre-Seed closed, Mollik Wiesner is executing on three fronts: scaling the engineering team to harden the FHE-based compute layer for production deployments, expanding across Germany and Italy with their strategic partners, and engaging institutional clients in real estate and private credit who need privacy-compliant tokenization infrastructure. The vision is to become the default privacy layer for every real-world asset that moves on-chain in Europe.
