Fundz

Chain Reaction Raises $70M, Emerges From Stealth To Launch Chips Designed To Compute Encrypted Data

PRIVATEFeb 23, 2023

Amount Raised

$70 Million

Round Type

Funding Round

IsraelSecurity

Investors

Blue Run VenturesAtreides ManagementExorKck CapitalJerusalem Venture PartnersHanaco VenturesMorgan Creek Digital

Description

As the networking industry explores homomorphic encryption, blockchains and other cryptographic techniques to take data protection and complex computing to the next level, one big roadblock to many of these working effectively and at scale has been the compute power required to run them. Today, one of the startups that believes it can address that issue is emerging from stealth armed with a hefty amount of funding to take on the industry.

Quick answer

Chain Reaction raised $70 Million in a Funding Round round, dated February 23, 2023. Investors: Blue Run Ventures, Atreides Management, Exor, Kck Capital, Jerusalem Venture Partners, Hanaco Ventures and Morgan Creek Digital. Chain Reaction is based in Israel.

How much did Chain Reaction raise?
Chain Reaction raised $70 Million in a Funding Round round on February 23, 2023.
Who invested in Chain Reaction?
Blue Run Ventures, Atreides Management, Exor, Kck Capital, Jerusalem Venture Partners, Hanaco Ventures and Morgan Creek Digital are named as investors in this round.
What does Chain Reaction do?
Chain Reaction is engineering the future of disruptive blockchain and privacy technologies.
Where is Chain Reaction based and how big is it?
Chain Reaction is based in Israel.
Who are the decision-makers at Chain Reaction?
Fundz holds 2 contacts at Chain Reaction, including the Office Manager. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Security around the same time

Companies in the same sectors as Chain Reaction that raised within 45 days of this round, from Fundz verified event records.

  • Kustom Entertainment raised $3M (Seed) on April 5, 2023.
  • Authlete raised $4M (Series A) on April 4, 2023.
  • Cybereason raised $100M (Funding Round) on April 3, 2023.
  • SKYX Platforms raised $2.3M on March 29, 2023.
  • Right-Hand Cyber Security raised $5M (Series A) on March 28, 2023.
  • Graphiant raised $62M (Funding Round) on March 28, 2023.

Who to call at Chain Reaction, and when

A new round usually means Chain Reaction is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Chain Reaction raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Chain Reaction, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at Chain Reaction. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

Company Information

Company

Chain Reaction

Location

Israel

About

Chain Reaction is engineering the future of disruptive blockchain and privacy technologies. We accelerate compute performance, enabling companies to adopt and scale solutions to the world’s most complex problems. Partnering with cloud and data centers, we transform compute infrastructure with custom ASICs and systems that optimize for energy efficient, high-performance compute. Our 3PU™ (Privacy Preserving Processing Unit) dramatically accelerates real-time operations of Privacy Enhancing Technologies on encrypted data, transforming the cloud into a trusted environment, enabling verticals that rely on confidential big data to use the cloud (including financial institutions, healthcare & big pharma, defense & government, and oil & gas). Purpose-built and custom-designed, our solutions power the next generation of secure, scalable, green computing to help protect people, privacy, and the planet.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Chain Reaction raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

2 contacts
Verified contactsSharon T., Office Manager hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Chain Reaction's next move

See what Strategic adds

Chain Reaction raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.