How much funding has Fhenix raised?

Fhenix has raised $22.0M in total funding, most recently a Series A round.

Who are Fhenix's investors?

Fhenix's investors include Hack VC, Multicoin Capital.

Where is Fhenix headquartered?

Fhenix is headquartered in Tel Aviv.

What industry is Fhenix in?

Fhenix operates in Crypto & Web3.

Fhenix

Revolutionizing privacy for onchain apps with FHE

Tel Aviv · Founded 2023 · $22.0M raised

Crypto & Web3

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, 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.

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