Enphyr builds a Layer 2 solution on the Ethereum network focused on data privacy, data tokenization, and blockchain-powered KYC verification. Its technology enables projects to leverage Ethereum’s security while adding privacy and identity capabilities. The company intends to grow its team, explore strategic partnerships, and enhance engineering efforts to accelerate its roadmap. Enphyr aims to facilitate additional use cases through its protocol infrastructure. The company recently completed a financing round, reflecting early-stage market validation. Backers named in coverage include WavesLab Ventures, Kenzo Labs, and Coinstages.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Dec 2023