🎉 Octra has just secured $4.00M in its latest funding round! 🎉
🔹About: Octra is a blockchain network focused on Fully Homomorphic Encryption (FHE), which allows for secure mathematical operations in isolated execution environments. Developed using languages like OCaml, AST, ReasonML, and C++, Octra aims to provide a robust platform for smart contracts and decentralized applications. The project recently raised $4 million in a pre-seed funding round, led by Finality Capital Partners and supported by other notable investors. Octra’s open-source approach ensures that most of its codebase is accessible for developers to use and build upon. By leveraging FHE, Octra seeks to enhance privacy and security in blockchain transactions, making it a promising player in the Web3 space. The platform’s unique features are designed to support the economies of the future, offering advanced cryptographic tools for developers. With its strong technical foundation and significant financial backing, Octra is well-positioned to drive innovation in the blockchain industry. The project also emphasizes community involvement and collaboration, aiming to create a decentralized ecosystem that benefits all participants. As Octra continues to develop, it is expected to play a crucial role in advancing blockchain technology and its applications. 🚀🌐
🔹 Lead Investors: Finality Capital Partners, Big Brain Holdings, Outliner Ventures, ID Theory, Cogitent Ventures, Builder Capital and many more.
🔹 Total Raised: $4.00M.
🔹 Project Category: Blockchain Infrastructure, Layer-1.
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