Tech Company Financing Transactions
Fhenix Funding Round
Fhenix, based in Tel Aviv, raised $7 million from Collider Ventures, Multicoin Capital and Bankless Ventures.
Transaction Overview
Company Name
Announced On
9/26/2023
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Seed
Investors
Collider Ventures (Lead Investor)
Multicoin Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to bring its network into public testnet early next year, and to support ecosystem application development.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
Undisclosed
Tel Aviv, Undisclosed
IL
Tel Aviv, Undisclosed
IL
Phone
Undisclosed
Website
Email Address
Overview
Developer of a fully homomorphic encryption (FHE) technology designed to add native encryption capabilities into Ethereum virtual machine (EVM) smart contracts. The company's software specializes in computation over encrypted data which enhances data security and privacy, enabling clients to utilize this technology in different ways like, trustless gaming, on-chain and off-chain private voting mechanisms, privacy-preserving AI, and confidential token transfers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Guy Itzhaki
Founder
Guy Zyskind
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