Fabric Cryptography

A new kind of chip for cryptography

San Francisco, United States · Founded 2022 · $33.0M raised

Headquarters
San Francisco
Employees
51–200
Founded
2022
Business Model
B2B
Total Funding
$33.0M
Last Round
$33.0M Series AAug 2024
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.

About

Fabric Cryptography is building the Verifiable Processing Unit (VPU), a new class of computer chip purpose-built to accelerate cryptographic workloads such as zero-knowledge proofs and fully homomorphic encryption, combining the performance of custom silicon with the flexibility of a GPU. Founded in 2022, the company has grown into a 60-plus person team of AI hardware and software veterans and cryptographers from companies like Nvidia, Apple, Intel, AMD, and Galois, building a full compiler stack and acceleration libraries around the chip.

Summary

Fabric Cryptography is a Crypto & Web3 company based in San Francisco, United States, founded in 2022. It has raised $33.0M in total across 1 round, most recently a $33.0M Series A round in Aug 2024. Investors include Blockchain Capital and 1kx.

Tech & App Stack

2 technologies & apps tracked

Every product and vendor across these categories, with where each signal came from.

Create a free account with 25 free credits every month, no card needed, to unlock the full tech & app stack, funding history, and valuations.

Funding History

Series ASeries AAug 2024
$33.0M

Investors

Similar Companies

Fireblocks

Fireblocks provides digital asset and stablecoin infrastructure, enabling organizations to secure...

New York, United States501–1000Crypto & Web3, Cybersecurity
Series ETotal funding$1.0BJan 2022
Ledger

Leading hardware wallet and security platform for managing cryptocurrency and digital assets, ser...

Paris, France501–1000Crypto & Web3, Cybersecurity
Series CTotal funding$564.8MMar 2023
Chainalysis

Chainalysis is a blockchain data platform providing compliance, investigation, and analytics tool...

New York, United States501–1000Analytics, Crypto & Web3
Growth EquityTotal funding$523.6MOct 2025
BullishIPO

Regulated institutional-grade cryptocurrency exchange offering spot trading for Bitcoin, Ethereum...

George Town, Cayman Islands201–500Fintech, Crypto & Web3
Corporate RoundTotal funding$10.0BMay 2021
Quest Software Inc.Acquired

Quest Software provides data management, cybersecurity, and platform-modernization technology tha...

Austin, United States1001–5000Cloud, Cybersecurity
Growth EquityTotal funding$5.8BMay 2025
IREN LimitedIPO

IREN provides vertically integrated AI cloud services, delivering large-scale data centers and GP...

Perth, Australia201–500Cloud, Crypto & Web3
ConvertibleTotal funding$5.6BMay 2026

Your company? Embed this profile

Add the live badge to your site — it stays current as your funding data updates.

Fabric Cryptography on Indexed.vc
<a href="https://indexed.vc/companies/fabric-cryptography"><img src="https://indexed.vc/api/badge/company/fabric-cryptography" alt="Fabric Cryptography on Indexed.vc" width="260" height="76" /></a>