Chain Reaction
Blockchain and Privacy Technologies for Enhanced Compute Performance
Startup C Industrial Technologies Est. 2019
Total Raised
$115M
C
Last Round
$70M
3 rounds
Investors
8
8 public
Team
8
51-200 employees
Confidence
91/100
News
10
articles
About
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.
Classification
Sector
Industrial TechnologiesMicroelectronics & Photonics SolutionsClimate TechLow Carbon DataSphereEnergy Tech
Core Technology
Semiconductors & Electronics
Target Customer
Healthcare & Life SciencesHealthcareProvidersLife SciencesPharmaceuticalsFinancial ServicesFinancial InstitutionsEnergy, Utilities & Waste ManagementFossil FuelsOilGasGovernment & CityDefense, Safety & SecurityNational Security
Business Model
B2B
Tags
climate-techbitcoinenergytechhardwareblockchainelectronic-manufacturing
Funding & Events
Nov 2019
A Round $2M
Hanaco Ventures
Jun 2022
B Round $43M
JVP
Feb 2023
C Round $70M
Morgan Creek Digital (Lead), Exor N.V, Atreides Management, Hanaco Ventures, BlueRun Ventures, JVP, KCK Capital , BlackRock
News (10)
May 22, 2024 · www.calcalistech.com
Growth-Positive
“We will be the next huge company to come out of Israel” | CTech
Investment
Jul 2, 2023 · www.themarker.com
growth-negative
"I was offered a check for 30 million dollars to develop a chip. I realized there was something crazy here" | TheMarker
Expand
Jun 1, 2023 · moda.gov.tw
growth-positive
Minister Audrey Tang Witnesses the Signing of MOU between ITRI and New Innovation Israel to Demonstrate Cutting-Edge CyberSecurity Chip-Press Releases-News and Releases|Ministry of Digital Affairs
Partners
May 19, 2023 · www.prnewswire.com
growth-positive
BIT Mining and Chain Reaction Form Collaboration for Bitcoin Hashing Systems
Partners
May 17, 2023 · www.globenewswire.com
growth-positive
Chain Reaction and ePIC Blockchain Forge Collaboration for Hashing Systems
PartnersCustomers
May 16, 2023 · www.globenewswire.com
Growth-Positive
Chain Reaction Launches EL3CTRUM, the Most Powerful Blockchain Technology on the Market
CustomersPartners
Feb 23, 2023 · www.reuters.com
Growth-Positive
Israeli blockchain chip startup Chain Reaction raises $70 mln
InvestmentExpand
Feb 23, 2023 · techcrunch.com
growth-positive
Chain Reaction raises $70M, emerges from stealth to launch chips designed to compute encrypted data
InvestmentExpand
Feb 23, 2023 · www.calcalistech.com
growth-positive
Chain Reaction raises another $70 million for blockchain and privacy chip | CTech
InvestmentExpand
Jul 11, 2022 · meet-global.bnext.com.tw
After the 7 billion dollars acquisition, the Israeli serial entrepreneur builds his next chip startup with Taiwan's semiconductor power
Details
Product Stage
Released
Employees
51-200
Exact Count
99
District
North District
Founded
2019
Registrar
515952489
Locations
HaCarmel St 2, Yokne'am Illit, Israel
Derech Menachem Begin 132, Tel Aviv-Yafo, Israel
No. 1, Li Hsin 1st Road, East District, Hsinchu City, Taiwan
2880 Zanker Rd, San Jose, CA 95134, USA
Links
Website
LinkedIn
Twitter
Careers
Admin
Last Update
Feb 24, 2025
Verified by
Jenny Sotnik-Talisman
Missing
markets, not claimed
Team (8)
Alon Webman
Co-founder & CEO
Founder
Oren Yokev
Co-founder & Advisor
Founder
Yossi Smeloy
Chief Design Officer
Richard Lu
Chief Revenue Officer
Yael Bar Shtainman
Chief of Staff
Eran Cohen
VP Finance
Noa Tamir
VP HR
Sharon Dothan
VP Strategy
Internal
Created by
Jenny Sotnik-Talisman (genys30@yahoo.com)
Created
2020-05-07T00:00:00.000Z
Last editor
Maor Perlov (maor.perlov@sncentral.org)