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Ethereum Layer 2 solution enhancing blockchain with data privacy, tokenization, and KYC for developers building compliant applications.
Based in Hong Kong, Enphyr is an Ethereum-based Layer 2 blockchain protocol focused on enhancing network capabilities through data privacy, data tokenization, and blockchain-powered KYC verification. The infrastructure serves as a commercialization gateway, providing developers with the necessary tools to build compliant, secure applications tailored for the broader cryptocurrency and artificial intelligence sectors. Operating as an early-stage venture, the protocol recently secured $1 million in total seed funding, which established an initial corporate valuation of $10 million. This December 2023 financing round was officially led by Waveslab Ventures, while also featuring additional financial backing and strategic ecosystem partnerships from Kenzo Labs and Coinstages. The organization is currently utilizing this recent capital injection to expand its internal engineering team, accelerate technical protocol development, and integrate its privacy-focused architecture with real-world commercial use cases across global markets.
Enphyr has raised $1.0M across 1 funding round.
Enphyr has raised $1.0M in total across 1 funding round.
Enphyr has raised $1.0M in total across 1 funding round.
Enphyr's investors include Waveslab Ventures.
Enphyr has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in December 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 18, 2023 | $1.0M Seed | Waveslab Ventures |