🚀 Fabric Cryptography has just raised $33 million in Series A funding from Blockchain Capital and 1kx to develop a VPU chip focused on data security!

🔹 Also participating in the investment are Offchain Labs, Polygon, Matter Labs.

🔹 Previously, this startup raised $6 million in funding from Metaplanet, Inflection, Liquid2 Ventures.

💡 VPU chips will speed up and reduce the cost of cryptographic tasks compared to CPUs and GPUs. Production is expected later this year.

👩‍🎓👨‍🎓 Founded by MIT and Stanford alumni: Michael Gao, Tina Ju, Sagar Reddy.

🌐 VPU is receiving tens of millions of dollars in orders from the Web3 industry, supporting security and privacy for onchain transactions.

📲 Discuss the future of VPU and blockchain in the comments! ⬇️