Fabric Cryptography raised $33M in a Series A funding round co-led by Blockchain Capital and 1kx to develop their next generation VPU chips and expand their software teams.
Amount Raised
$33 Million
Round Type
Series A
Santa ClaraManufacturingInformation TechnologyInvestors
Description
Fabric Cryptography has secured $33 million in Series A funding to advance their unique processing unit for cryptography. The funding will help scale their software and cryptography teams to meet growing demand in the sector.
Quick answer
Fabric raised $33 Million in a Series A round, dated August 19, 2024. Investors: Matter Labs, Polygon, Offchain Labs, 1kx and Blockchain Capital. Fabric is based in Santa Clara, California, United States.
- How much did Fabric raise?
- Fabric raised $33 Million in a Series A round on August 19, 2024.
- Who invested in Fabric?
- Matter Labs, Polygon, Offchain Labs, 1kx and Blockchain Capital are named as investors in this round.
- What does Fabric do?
- We’re a team of AI supercomputing veterans and crypto natives building a new kind of processor for the next generation of cryptography.
- Where is Fabric based and how big is it?
- Fabric is based in Santa Clara, California, United States.
- Who are the decision-makers at Fabric?
- Fundz holds 1 contact at Fabric. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Fabric that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- SUN METALON raised $21M (Series A) on October 3, 2024.
- Secret Alchemist raised $500K (Seed) on October 3, 2024.
- Zevo raised $2M (Pre-Series A) on October 3, 2024.
- Soluna Holdings raised $25M (Series B) on October 3, 2024.
- Mstack raised $40M (Funding Round) on October 3, 2024.
Who to call at Fabric, and when
A new round usually means Fabric is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Fabric raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Fabric, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Fabric. With Fundz connected, it knows.
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Fundz sees it the moment Fabric raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Funding Insights
What this usually meansFabric 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.
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