Fhenix, based in Tel Aviv, Israel, has successfully raised $7 million in Seed funding, attracting prominent investors like Multicoin Capital, Collider Ventures, Node Capital, Bankless, HackVC, TaneLabs, Metaplanet, Robot Ventures, and more. Led by CEO Guy Itzhaki, Fhenix pioneers a confidential blockchain empowered by homomorphic encryption, using fhEVM to enable Ethereum developers to create encrypted smart contracts and perform encrypted computation of data while utilizing familiar tools like Solidity.