Tech Company Financing Transactions
Fhenix Funding Round
Fhenix, operating out of Tel Aviv, secured $15 million in investment from Hack VC, Amber Group and Collider Ventures.
Transaction Overview
Company Name
Announced On
6/6/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
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.
Management Team
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