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Fhenix - Seed
Overview
About Fhenix - Seed
Fhenix, a Tel Aviv, Israel-based provider of a blockchain empowered by homomorphic encryption (FHE), raised $7M in Seed funding. The round was led by Multicoin Capital and Collider Ventures, with participation from Node Capital, Bankless, Hack VC, Tane Labs and Metaplanet. Other investors included Tarun Chitra's and Robert Leshner's Robot Ventures.
Sora Ventures has joined a consortium of investors in a $7 million funding round for Fhenix. This significant investment supports the development of the Fhenix Network, poised to be the first confidential blockchain platform leveraging fully homomorphic encryption (FHE) within the Ethereum ecosystem.
Source: https://cryptoslate.com/sora-ventures-invests-in-fhenix-fuels-first-confidential-blockchain-using-homomorphic-encryption/
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2017 | 104 | hello@multicoin.capital | ||
| Fund | Israel | 2018 | 14 | invest@collider.vc | ||
| Fund | -- | -- | 6 | -- | ||
| Fund | Unknown | 2022 | 19 | -- | ||
| Fund | United States of America | 2017 | 56 | ed@hack-vc.com | ||
| Fund | Emirate of Dubai | 2022 | 5 | -- | ||
| Fund | Estonia | 2019 | 7 | -- | ||
| Fund | United States of America | 2019 | 85 | sayhello@robvc.com | ||
| Fund | Hong Kong | 2016 | 27 | contact@sora.vc |
Founders & Team
Guy Itzhaki
Company Profile / Project Introduction
Fhenix is revolutionizing the blockchain space by utilizing Fully Homomorphic Encryption for confidential smart contracts on public blockchains. One of the most pressing challenges in the blockchain space is ensuring privacy, and Fully Homomorphic Encryption (FHE) presents a promising solution. By leveraging FHE's ability to process encrypted data, they can effectively address privacy concerns, creating a safer environment for Web3 applications.