Fabric, Startup Building ‘VPU’ Chips for Cryptography, Raises $33M

Fabric, Startup Building ‘VPU’ Chips for Cryptography, Raises $33M

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Source: Coindesk.com

Fabric Cryptography, a startup focused on hardware, has raised $33 million in a Series A fundraising round co-led by Blockchain Capital and 1kx.

Other participating investors included Offchain Labs, Polygon and Matter Labs. The project previously had raised $6 million in a seed round led by Metaplanet. Fabric was founded by MIT and Stanford dropouts Michael Gao

Read More https://www.coindesk.com/tech/2024/08/19/fabric-startup-building-vpu-chips-for-cryptography-raises-33m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Fabric, Startup Building 'VPU' Chips for Cryptography, Raises $33M" appeared first here Coindesk.com.

Source: Coindesk.com

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