Fhenix

Fhenix is an Israeli startup building privacy-preserving infrastructure for Ethereum and EVM-compatible chains using Fully Homomorphic Encryption (FHE).

Fintech & Insurtech
Active
Series A Tel Aviv-Yafo, Israel Founded 2023
Last updated 2026-07-23
Total raised
$22.0M
Last: Undisclosed Round 2025-03
Stage
Series A
Founded
2023
Headcount
30
HQ
Tel Aviv-Yafo, Israel
Sector
Fintech & Insurtech

About

Fhenix is a blockchain research and development company building privacy-focused solutions using Fully Homomorphic Encryption (FHE) for EVM-compatible blockchains. Its tools enable confidential computing and encrypted smart contracts that let applications process sensitive data while it stays encrypted end-to-end. Fhenix aims to bring encrypted computation to Ethereum, enabling private logic, seamless integrations, and full composability with FHE. The company's technology allows computations on encrypted data without requiring decryption, enhancing data security and privacy for use cases like confidential voting, blind auctions, decentralized identity, DeFi, and AI. Fhenix offers products like CoFHE (FHE Coprocessor), FHE Solidity Libraries, Threshold Decryption Network, and Cofhe.js Client Side Library.

Funding history · 4 rounds · $22.0M total

2025-10
C Round Undisclosed
★ BIPROGY★ Translink Sustainability & Innovation FundTransLink Capital
2025-02
B Round Undisclosed
★ Tandem★ Offchain LabsBIPROGYTransLink Capital
2024-06
A Round $15.0M
★ Hack VCGSRDao5BIPROGYAmber GroupProtagonistNGC VenturesStake CapitalGate VenturesPanga CapitalSudo ResearchWAGMI VenturesCollider VenturesTransLink CapitalPrimitive VenturesForesight Ventures
2023-09
Seed $7.0M
★ Multicoin Capital★ Collider VenturesHackVCHack VCGate.ioBanklessTaneLabsTane LabsMetaplanetMH VenturesNode CapitalNGC VenturesSora VenturesRobot Ventures

Headcount over time

From 5 (2023-09) to 28 (2026-07) · +23 (+460%) · 10 points · source: Finder history + radar grounding
570 2023-09 2026-07

Q&A

What is Fhenix's primary business?
Fhenix is developing a confidential blockchain powered by fully homomorphic encryption (FHE) to advance application development in the Ethereum ecosystem by bringing data encryption and encrypted-data computation to smart contracts, transactions, and on-chain assets.
When was Fhenix founded?
Fhenix was founded in June 2023.
What is Fhenix's total funding to date?
Fhenix has raised a total of $22,000,000 USD.
Which investors participated in Fhenix's June 2024 funding round?
In June 2024, Fhenix raised $15,000,000 USD in a round led by Hack VC, with participation from.
Which investor participated in Fhenix's March 2025 funding round?
In March 2025, Fhenix received funding from Offchain Labs.
Who is the founder of Fhenix?
Guy Zyskind is the founder of Fhenix.
What is Fhenix's current funding stage?
Fhenix is currently in its Series A funding stage.

Team · 2

Guy Zyskind
Founder · Founder
Guy Itzhaki
Founder · Co-Founder

Sectors & technology

Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechMoney Transfer & Management

Tags

blockchain
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)

External links

Websitefhenix.io
LinkedInlinkedin.com/company/96129145
YouTubeyoutube.com/channel/UCmUYrTjMUom3ywbwgHfTr4g

Identifiers & details

Founded2023
Employees (exact)30

Radar intelligence

Publications (Crossref)

Works2

Web history (Wayback)

Domainfhenix.io

Certificate / subdomain footprint

Subdomains27

Israeli Companies Registrar (רשם החברות / ICA)

Registrar # (ח.פ.)516824299
Statusפעילה
Corp typeישראלית חברה פרטית
Incorporated2023-06-11
Purposeלעסוק בכל עיסוק חוקי
Liabilityמוגבלת
In violation (unfiled)no
Last annual report2026
Active charges / liens0
Registry events1 — annual_report (1)
Registered addressאלון יגאל 82 תל אביב - יפו

Recent registry events

DateEvent
2026-06-08דו~ח שנתי