Fhenix

Revolutionizing privacy for onchain apps with FHE

Tel Aviv, Israel · Founded 2023 · $22.0M raised

Headquarters
Tel Aviv
Employees
11–50
Founded
2023
Business Model
B2B
Website
fhenix.io
Total Funding
$22.0M
Last Round
$15.0M Series AJun 2024
Rounds
2

About

Fhenix is a blockchain research and development company building privacy-focused solutions using Fully Homomorphic Encryption (FHE) for EVM-compatible blockchains. Originally launched as the first FHE-powered Layer 2 blockchain, Fhenix has evolved into a confidential DeFi infrastructure company whose core product, CoFHE, is an off-chain FHE coprocessor that lets developers write privacy-preserving smart contracts in standard Solidity with a single import. The company's mission is to make encrypted computation native and accessible to Web3 developers, advancing data privacy in public blockchains.

Summary

Fhenix is a Crypto & Web3 company based in Tel Aviv, Israel, founded in 2023. It has raised $22.0M in total across 2 rounds, most recently a $15.0M Series A round in Jun 2024. Investors include Hack VC and Multicoin Capital.

Tech & App Stack

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Funding History

Series ASeries AJun 2024
$15.0M

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Seed through Series A — per-round amounts, valuations, and who invested in each round.

Investors

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