Fabric Cryptography Doubles Down on VPU Chips for Enhanced Security

Monday, 19 August 2024, 07:33

Fabric Cryptography is pioneering after raising $33 million to develop VPU chips for enhanced security. This funding is co-led by Blockchain Capital, highlighting growing interest in cryptographic hardware solutions. The startup aims to revolutionize cryptography with advanced chip technology tailored for the digital age.
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Fabric Cryptography Doubles Down on VPU Chips for Enhanced Security

Fabric's Vision in Cryptography

Fabric Cryptography has emerged as a notable player in the tech landscape, recently securing $33 million in a Series A round aimed at developing VPU chips. These chips are set to improve hardware security and cryptographic capabilities, promising to redefine how encryption is approached.

Key Stakeholders and Funding

This funding round was co-led by Blockchain Capital, reflecting the rising trend of investments in innovative hardware solutions. Investors are increasingly recognizing the potential of specialized chips in enhancing cryptography.

Future Prospects

With this new influx of capital, Fabric aims to accelerate its research and development efforts. The VPU chips are expected to provide robust security features essential for various technology applications.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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