Sora Ventures has participated in Fhenix’s previous $7 million seed round. Fhenix’s public testnet “Renaissance” is expected to launch in early 2024 and aims to provide developers with a testing ground to experiment and build applications using its technology. The testnet is designed to attract blockchain innovators and promote the development of applications leveraging FHE privacy features. (Cryptoslate)
According to previous news, Fhenix, a confidential blockchain powered by fully homomorphic encryption (FHE), announced the completion of a US$7 million seed round of financing. Multicoin Capital and Collider Ventures led the investment, with participation from Node Capital, Bankless, HackVC, TaneLabs and Metaplanet, and other individuals. Investors include Tarun Chitra and Robert Leshner of Robot Ventures. Fhenix will use this round of financing to introduce the Fhenix network to the public testnet early next year and support ecosystem application development.