Chain Reaction
Blockchain and Privacy Technologies for Enhanced Compute Performance
StartupChain Reaction is a Yokne'am Illit-based startup in the Industrial Technologies sector, established in 2019. Blockchain and Privacy Technologies for Enhanced Compute Performance. The company has raised a total of $115M across 3 funding rounds, currently at the C stage. Chain Reaction was founded by Alon Webman and Oren Yokev. Key investors include Morgan Creek Digital, Exor N.V, Atreides Management, among 8 total investors. The company has 51-200 employees. Core technologies: Semiconductors & Electronics.
With $115M in total funding, Chain Reaction is a C-stage company operating in Industrial Technologies. The company follows a B2B business model. Product stage: Released. Chain Reaction is identified as relevant to climate technology.
- StageC
- ProductReleased
- ModelB2B
- Employees51-200
- HQYokne'am Illit
- DistrictNorth District
- Last Round$70M
- Morgan Creek DigitalLead
- Exor N.V
- Atreides Management
8 investors total
Alon WebmanCo-founder & CEO
Oren YokevCo-founder & Advisor
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What does Chain Reaction do?
Chain Reaction develops blockchain and privacy technologies. It aims to accelerate compute performance, enabling companies to adopt and scale solutions to complex problems. EL3CTRUM is the company's blockchain product line, starting with efficient hashing application-specific integrated circuits, optimized for high performance, high efficiency, and low power, and the heart of the company's hashboards and systems. EL3CTRUM delivers optimal payback time. 3PU is Chain Reaction's privacy product, accelerating real-time operations of privacy-enhancing technologies on encrypted data, transforming the cloud into a trusted environment and enabling new verticals to adopt the cloud at scale, including financial institutions, health care and pharmaceutical, defense and government, oil and gas, and more.
How much funding has Chain Reaction raised?
Chain Reaction has raised $115M in total funding across 3 rounds. The company is currently at the C stage. Key investors include Morgan Creek Digital, Exor N.V, Atreides Management.
Who founded Chain Reaction?
Chain Reaction was founded in 2019 by Alon Webman (Co-founder & CEO), Oren Yokev (Co-founder & Advisor).
What sector is Chain Reaction in?
Chain Reaction operates in Industrial Technologies, Microelectronics & Photonics Solutions, Climate Tech, Low Carbon DataSphere, Energy Tech, with core technologies in Semiconductors & Electronics. Target customers: Healthcare & Life Sciences, Healthcare, Providers, Life Sciences, Pharmaceuticals, Financial Services, Financial Institutions, Energy, Utilities & Waste Management, Fossil Fuels, Oil, Gas, Government & City, Defense, Safety & Security, National Security.
Where is Chain Reaction located?
Chain Reaction is based in HaCarmel St 2, Yokne'am Illit, Israel, North District. The company also has offices abroad.