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Ethereum L2 Fhenix Completes $15 million Series A Funding

Ethereum L2 Fhenix announced the completion of a $15 million Series A round of funding, led by Hack VC, with participation from Dao5, Amber Group, Primitive Ventures, GSR, Collider Ventures and Stake Capital. The company has raised a total of $22 million so far. It is reported that Fhenix announced the launch of its open beta network, called Helium (originally planned to be named Renaissance), allowing developers to deploy "confidential" smart contracts on the Fhenix Layer 2 network.