Fhenix

About

Funding history · 3 rounds · $22.0M total

Company Intelligence Q&A

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What is Fhenix's primary focus in the blockchain market?

Fhenix is developing a confidential blockchain that uses fully homomorphic encryption (FHE) to enable data encryption and encrypted-data computation for smart contracts, transactions, and on-chain assets within the Ethereum ecosystem.

When was Fhenix founded?

Fhenix was founded in June 2023.

How much total funding has Fhenix raised?

Fhenix has raised a total of $22 million USD.

When did Fhenix complete its Seed funding round and who were the lead investors?

Fhenix completed a Seed funding round, raising $7 million USD. Lead investors included Multicoin Capital and Collider Ventures.

When did Fhenix raise its first Series A funding round and who was the lead investor?

In June 2024, Fhenix raised $15 million USD in a Series A funding round, with Hack VC as the lead investor.

Which company made a strategic investment in Fhenix in March 2025?

In March 2025, Tandem by Offchain Labs made a strategic investment in Fhenix as part of a Series A round.

Where is Fhenix headquartered?

Fhenix is headquartered in Tel Aviv-Yafo, Israel.

How many employees does Fhenix currently have?

Fhenix currently has 48 employees.

Who is a co-founder of Fhenix?

Guy Zyskind is a co-founder of Fhenix.

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