Fenwick Represents Fabric Cryptography in $33M Series A Funding

Fenwick represented Fabric Cryptography, a startup building VPU chips for cryptography, in its $33 million Series A Funding. The round was co-led by Blockchain Capital and 1kx, with participation from Offchain Labs, Polygon, and Matter Labs.

Fabric Cryptography will use the funds to build computing chips, software, and cryptographic algorithms. More information can be obtained from the company’s announcement.

The Fenwick transaction team was led by corporate partner Will Black and included associates Benjamin Helfman, Jennifer Wu, and Kate Souza; and technology transactions partner Andrew Klungness.