๐ **Fabric Cryptography Nets $33M for Next-Gen Chips!**
- Silicon Valley's Fabric Cryptography just scored $33M in Series A funding, co-led by Blockchain Capital and 1kx. ๐ค
- The startup is developing the Verifiable Processing Unit (VPU), a chip designed to supercharge cryptographic algorithms.
- Founders Michael Gao, Tina Ju, and Sagar Reddy aim to revolutionize data privacy and blockchain security.
- With "tens of millions" in pre-orders, the VPU is set to hit production later this year, promising faster, cost-effective cryptographic processing.
- Stay tuned for a cryptographic future that's faster and more secure!