Fabric Cryptography

Fabric Cryptography develops custom RISC-V-based chips optimized for zero-knowledge proofs and fully homomorphic encryption, aiming to make these cryptographic techniques more accessible and improve trust and privacy in data handling. Their 'verifiable processing unit' (VPU) addresses the slow speeds of existing hardware in handling such complex encryption, making it a crucial advancement for both blockchain and enterprise applications.

Funding Round: Series A

Funding Amount: $33M

Date: 20-Aug-2024

Investors: Blockchain Capital, 1kx, Offchain Labs, Polygon, Matter Labs

Markets: Cryptography, Blockchain, Hardware, Web3

HQ: Santa Clara, California, United States

Founded: 2021

Website: https://www.fabriccryptography.com/

LinkedIn: https://www.linkedin.com/company/f16y

Twitter: https://twitter.com/FabricCrypto

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