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05.09 - 12:24
Fabric Cryptography Secures $33M For New Cryptographic Chip
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Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...
Fabric Cryptography has raised $33 million in a Series A funding round to develop a new cryptographic chip.
According to a press release shared with Cryptonews.com, the funding round was co-led by Blockchain Capital and 1kx, with additional participation from industry players including Offchain Labs, Polygon, and Matter Labs.
Following a $6 million seed round previously led by Metaplanet, with contributions from other investors including Inflection and Liquid2 Ventures, this latest round brings the total funding to $39 million.
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