đ Silicon Valley startup Fabric Cryptography just bagged a cool $33M in Series A funding to revolutionize data privacy with their new Verifiable Processing Unit (VPU) chip! đĄïž
- Co-led by Blockchain Capital and 1kx, with big names like Offchain Labs, Polygon, and Matter Labs hopping on board.
- This follows a $6M seed round, showing serious investor confidence.
- The VPU aims to supercharge cryptographic workloads, leaving CPUs and GPUs in the dust.
Founders from MIT and Stanford are on a mission to make cryptographic algorithms faster and more efficient. Got thoughts? Drop them in the comments! đŹ