Chain Reaction Funding Round

2/23/2023

Venture Equity

$70,000,000

Series C

The company intends to use the funds to expand the engineering and development teams, which have grown to 100 full-time employees, and scale its privacy tech solutions involving the design of cloud data center infrastructure to accelerate privacy enhancing technologies (PETs).

Private & Independent

Semiconductors

2 Hacarmel Street Alon Building B, 4th floor
Yokneam, 2066724
IL

Undisclosed

Chain Reaction is engineering the future of disruptive blockchain and privacy technologies. We accelerate compute performance, enabling companies to adopt and scale solutions to the world's most complex problems. Partnering with cloud and data centers, we transform compute infrastructure with custom ASICs and systems that optimize for energy efficient, high-performance compute. Our 3PU� (Privacy Preserving Processing Unit) dramatically accelerates real-time operations of Privacy Enhancing Technologies on encrypted data, transforming the cloud into a trusted environment, enabling verticals that rely on confidential big data to use the cloud (including financial institutions, healthcare & big pharma, defense & government, and oil & gas). Purpose-built and custom-designed, our solutions power the next generation of secure, scalable, green computing to help protect people, privacy, and the planet.