Fhenix, an Ethereum L2 developer focusing on data confidentiality, has completed a $15 million Series A financing round and launched its testnet. The round was led by Hack VC, with participation from Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures, among others. The Series A funding brings Fhenix's total funding to $22 million. In September last year, Fhenix secured a $7 million seed round led by Multicoin Capital and Collider Ventures.

Ethereum L2 developer Fhenix, focusing on data confidentiality, has completed a $15 million Series A financing round and launched an open testnet. The round was led by Hack VC, with participation from Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures, among others. The Series A financing brings Fhenix's total funding to $22 million. In September last year, Fhenix completed a $7 million seed round led by Multicoin Capital and Collider Ventures.

Fhenix completes $15 million Series A financing and launches open testnet