Fabric Cryptography raises $33M in a Series A funding round

#FabricCryptography secures $33M in a Series A funding round co-led by Blockchain Capital and 1kx with participation from Offchain Labs, Polygon and Matter Labs. Fabric Cryptography will use raised funds to build computing chips, software and cryptographic algorithms.

Fabric Cryptography is a developer of custom cryptography hardware designed to accelerate cryptography algorithms. The company's system provides the infrastructure for real-world applications of the blockchain using technologies like zero-knowledge proofs, fully homomorphic encryption, and verifiable delay functions.

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