Fhenix Raises $15M to Expand and Develop Confidentiality Solutions for Ethereum

Fhenix raises $15M in Series A Funding

Fhenix (Linkedin), an Israeli startup specializing in confidentiality for Ethereum, recently secured $15M in Series A funding. Their fully homomorphic encryption (FHE) Layer 2 solution is set to revolutionize privacy and security for Ethereum developers and crypto investors.

Funding Amount: $15 million

Industry: Software Development

Employee Count: 11-50

CEO: Guy Itzhaki (CEO Linkedin)

What Fhenix needs to buy: Fhenix is seeking partnerships with blockchain and privacy-focused companies, as well as investments in research and development to enhance their fully homomorphic encryption (FHE) technology. Companies specializing in blockchain, privacy solutions, and marketing can support Fhenix in expanding their operations, advancing their technology, and raising awareness in the market.