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What will be the total amount raised by Fabric Cryptography by December 31, 2024?
3
Resolution / Starting Odds
Less than $50 million • 25%
$50 million to $100 million • 25%
$100 million to $150 million • 25%
More than $150 million • 25%
Official announcements from Fabric Cryptography or reputable financial news sources
Story
Fabric Cryptography Raises $33M to Develop VPU for Advanced Encryption
Aug 19, 2024, 04:25 PM
Fabric Cryptography, a hardware startup, has successfully raised $33 million in a Series A funding round co-led by Blockchain Capital and 1kx. The company plans to use the funds to develop a new processing unit known as the Verifiable Processing Unit (VPU), which is designed to handle advanced cryptographic computations. The VPU aims to accelerate the adoption of technologies such as zero-knowledge proofs and fully homomorphic encryption by providing a dedicated hardware solution. Fabric Cryptography's initiative is seen as a significant step towards making advanced cryptography more accessible and efficient.
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Achieves zero-knowledge proof capabilities • 25%
Achieves fully homomorphic encryption capabilities • 25%
Achieves both capabilities • 25%
Achieves neither capability • 25%
Less than $6 billion • 25%
$6 billion to $6.49 billion • 25%
$6.5 billion to $6.99 billion • 25%
$7 billion or more • 25%
Less than $250 million • 25%
$250 million to $300 million • 25%
$300 million to $350 million • 25%
More than $350 million • 25%
Below $200M • 25%
$200M to $250M • 25%
$250M to $300M • 25%
Above $300M • 25%
$6.5 billion • 25%
$7 billion - $8 billion • 25%
$8 billion - $9 billion • 25%
More than $9 billion • 25%
Under $1 million • 25%
$1 million to $5 million • 25%
$5 million to $10 million • 25%
Over $10 million • 25%
Less than $10 million • 25%
$10 million to $20 million • 25%
$20 million to $30 million • 25%
More than $30 million • 25%
Less than $30,000 • 25%
$30,000 to $39,999 • 25%
$40,000 to $49,999 • 25%
$50,000 or more • 25%
Less than $50 billion • 25%
$50 billion to $75 billion • 25%
$75 billion to $100 billion • 25%
More than $100 billion • 25%
Less than $20 million • 25%
$20-30 million • 25%
$30-40 million • 25%
More than $40 million • 25%