About
Chain Reaction develops blockchain and privacy technologies. It aims to accelerate compute performance, enabling companies to adopt and scale solutions to complex problems.
EL3CTRUM is the company's blockchain product line, starting with efficient hashing application-specific integrated circuits, optimized for high performance, high efficiency, and low power, and the heart of the company's hashboards and systems. EL3CTRUM delivers optimal payback time.
3PU is Chain Reaction's privacy product, accelerating real-time operations of privacy-enhancing technologies on encrypted data, transforming the cloud into a trusted environment and enabling new verticals to adopt the cloud at scale, including financial institutions, health care and pharmaceutical, defense and government, oil and gas, and more.
Funding history · 3 rounds · $115.0M total
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- When was Chain Reaction founded and where is its headquarters located?
- Chain Reaction was founded in January 2019 and is headquartered in Yokne'am Illit, Israel.
- What is Chain Reaction's total funding raised to date?
- Chain Reaction has raised a total of $115 million across multiple funding rounds. For a full financing history, please refer to startupim.
- Which investors participated in Chain Reaction's Series A funding round?
- In November 2019, Chain Reaction secured Series A funding with participation from Hanaco Ventures.
- Which investor led Chain Reaction's Series C funding round?
- In February 2023, Chain Reaction completed its Series C funding round, led by Morgan Creek Digital.
- What is the primary focus of Chain Reaction's EL3CTRUM product line?
- EL3CTRUM is Chain Reaction's blockchain product line, focusing on efficient hashing application-specific integrated circuits (ASICs) optimized for high performance, efficiency, and low power in hashboards and systems.
- What is the purpose of Chain Reaction's 3PU privacy product?
- Chain Reaction's 3PU product accelerates real-time operations of privacy-enhancing technologies on encrypted data, aiming to transform the cloud into a trusted environment for sectors like financial institutions, healthcare, and government.
- What significant collaboration did Chain Reaction form in May 2023 regarding Bitcoin hashing systems?
- In May 2023, Chain Reaction formed a collaboration with BIT Mining for Bitcoin hashing systems.
- What product did Chain Reaction launch in May 2023, described as a powerful blockchain technology?
- In May 2023, Chain Reaction launched EL3CTRUM, which it describes as the most powerful blockchain technology on the market.
- How many employees does Chain Reaction currently have?
- Chain Reaction currently has 99 employees, falling within the 51-200 employee range.