According to TechFlow, Mind Network, a fully homomorphic encryption (FHE) infrastructure provider, announced the completion of a $10 million Pre-A round of financing. Investors include Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures and IBC Group. Well-known angel investors such as Ether.fi CEO Mike Silagadze also participated. Mind Network said that the funds will be used to promote the application of FHE technology and expand the security boundaries of decentralized networks, especially in AI and PoS networks. The company's recently launched MindV solution introduced an FHE voting mechanism to ensure the consensus and data security of AI and PoS networks. Users can obtain $vFHE by holding staked assets and participate in network consensus and FHE voting. The company has previously received support from Binance Labs, Hashkey, Big Brain, Chainlink, and received funding from the Ethereum Foundation for its FHE research.