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Fhenix is a next-generation FHE-powered network for Ethereum that lets applications process sensitive data end-to-end while it stays encrypted at rest, in transit, and during execution. Developers integrate privacy using simple Solidity libraries, while components like the Task Manager, Aggregator, and FHEOS server handle encrypted computation under the hood.
On September 26th, 2023, TheBlock reported that the project had successfully closed its $7M Seed funding round, co-led by Multicoin Capital and Collider Ventures, followed by participation from other funds.