FundedIQ
Blockchain and Cryptocurrency

Fhenix

Fhenix is the initial private blockchain to incorporate fully homomorphic encryption. By employing fhEVM, Fhenix enables Ethereum developers to create encrypted smart contracts and conduct encrypted data calculations using Solidity and other user-friendly tools.

www.fhenix.io Tel Aviv, Israel 11-50 employees
Total raised
$22.0M
Latest round: +214% of prior total
Rounds
2
Latest
Series A
Jun 2024

Fhenix is the initial private blockchain to incorporate fully homomorphic encryption. By employing fhEVM, Fhenix enables Ethereum developers to create encrypted smart contracts and conduct encrypted data calculations using Solidity and other user-friendly tools.

Fhenix has raised $22.0M across 2 rounds. Its most recent round was a Series A of $15.0M in Jun 2024. Full funding history, investors, and team are detailed below.

Funding history

2 rounds · 1 visible Unlock with plan

2 rounds on record — latest round shown, the rest unlock with a paid plan.

Date
Round
Amount
Lead investor
Jun 4, 2024
Series A
$15.0M

Unlock 1 earlier round — dates, amounts, round types — plus the lead investor for every round.

Unlock funding history →

People

Unlock with plan

Founders, executives, and decision-makers — sourced and refreshed weekly.

Name
Role
LinkedIn

See who runs this company — founders and key execs, with titles and LinkedIn profiles, ready to export.

Unlock people data →

Fhenix is featured in

Similar companies

Zengo

ZenGo is a developer of a non-custodial cryptocurrency wallet, secure by default, with cutting-edge MPC cryptography and over 1 million customers and zero hacks

Venture - Series Unknown
Blockaid

Blockaid creates security solutions that operate on the blockchain to oversee transactions, identify potential dangers, and protect digital assets. By partnering with web3 wallets and utilizing internet-wide observance techniques, the company can pinpoint risks before they harm users. Their platform features various tools such as smart contract oversight, transaction testing, dApp exploration, and threat recognition. Blockaid caters to organizations in the blockchain and digital finance sectors, including protocols, exchanges, and financial firms.

Series B $50.0M
BitStock

BitStock is a cryptocurrency platform that aims to make investing in cryptocurrencies easier by offering a simplified investment option. Its unique Ten Best Coins (TBC) index combines the performance of the top ten cryptocurrencies by market capitalization into a single token.

Seed $400k
Workton (ex.Autoproof)

We notarize source code and any other digital creations via blockchain. You get the legal proof of ownership. Totally online. Faster and cheaper than ever.

Angel $20k
Sendblocks

SendBlocks helps you cut the time to market from months to weeks and save up to 80% on development efforts.

Seed $8.2M
Bring

Bring is a company that uses fintech to connect different ecosystems, creating new partnerships and adding value for everyone involved. They facilitate collaborations between web3 platforms and retailers.

Seed $1.1M
Addressable

Addressable offers a web3 marketing platform that aims to optimize the impact of marketing efforts. Their platform supports marketing teams in developing target audiences, launching campaigns, monitoring progress, and improving marketing ROI. This enables businesses to identify user segments and find similar audiences that align with their ideal customer profiles using social and blockchain information.

Seed $6.0M
Ingonyama

Ingonyama is a modern semiconductor company that concentrates on enhancing Zero-Knowledge Proof hardware acceleration. Utilizing a comprehensive and diverse methodology alongside extensive knowledge of the ZK field, we prioritize identifying and resolving computational limitations in ZKPs. Our objective is to significantly enhance the efficiency of Zero-Knowledge (ZK) Provers through the development of hardware specifically optimized for ZK computations.

Seed $20.0M
Z Squared

Z Squared is a computing infrastructure company that manages and optimizes a substantial fleet of specialized computing hardware. The Company’s current operations include crypto mining that helps with power generation, data center development, and high-performance compute hosting. The Company has a deep expertise in large-scale computing operations, infrastructure optimization, and power management.

Series Unknown $15.3M
AUDC

AUDC Pty Ltd is the issuer of AUDD — the Australian Digital Dollar — a regulated, fully collateralised AUD stablecoin operating across 8 Tier 1 blockchains. AUDD is backed 1:1 by Australian dollars held in bare trust at Australian authorised deposit-taking institutions (ADIs), with reserves independently attested monthly by William Buck. AUDC holds Australian Financial Services Licence 700123, authorising dealing and advising in non-cash payment products, basic deposit products, and government securities. AUDC's subsidiary Dexah Pty Ltd holds AUSTRAC Digital Currency Exchange registration, ensuring full AML/CTF Act 2006 compliance. AUDC is ISO 27001 certified. Since launching in November 2022, AUDC has processed over $2 billion in cumulative transaction volume across remittance, OTC, institutional treasury, trade finance, and DeFi settlement use cases. AUDD is listed on Coinbase, Swyftx, and 5+ additional centralised exchanges, and is deployed on Stellar, Ethereum, Ripple XRPL, Solana, Hedera, Base, XDC, and RedBelly networks. AUDC participated in the Reserve Bank of Australia's Project Acacia CBDC pilot and was selected as the first commercial implementation of Hedera's Stablecoin Studio globally. AUDC is a member of Blockchain Australia and the Stablecoin Standard, and is ISO 27001 certified by SAI Global.

Series Unknown $830k
Ionic Digital

Ionic Digital is an innovator in the bitcoin mining industry.

Series Unknown $400M
AXON

AXON is a financial technology company building institutional-grade infrastructure to bridge traditional finance with the digital economy. The company develops a unified financial orchestration layer that connects traditional banking networks, payment corridors, stablecoins, and digital asset frameworks. Through its flagship products, AXON Pay and AXON Transfer, the platform aims to reduce cross-border settlement times from several days to under an hour.

Series Unknown $1.1M
Free · Every Monday

Know which startups just got funded. Every week.

Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.

Free. Sent every Monday. Unsubscribe anytime.