Octra Secures $4 Million Pre-Seed Funding Led By Finality Capital

According to Foresight News, the general Fully Homomorphic Encryption (FHE) protocol, Octra, has successfully raised $4 million in a pre-seed funding round. The round was led by Finality Capital, with participation from Big Brain Holdings, Karatage, Presto, and Builder Capital. Octra is currently in the final stages of development and is set to launch its mainnet next year. The company is also releasing a public WebAssembly (WASM) sandbox to demonstrate the efficiency of hypergraphs in FHE.