Fhenix is a confidential-compute layer for Ethereum that uses Fully Homomorphic Encryption to run smart contract logic on encrypted inputs without ever revealing them. Its high-performance FHE blockchain and MPC-based threshold network unlock private trading, voting, identity, and AI workflows with minimal developer complexity.
On June 4th, 2024, TheBlock reported that the project had successfully closed its $22M Series A funding round, led by Hack VC, followed by participation from other funds.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| Medium | 2.54x | 44 | ||
| N/A | 0.80x | 39 | ||
| N/A | 2.97x | 37 |