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Chain Reaction

DeepTech · Tel Aviv, IL

Semiconductor startup for blockchain and privacy compute.

Founders

Alon Webman (Israel · ♂) — A co-founder of Mellanox (acquired by Nvidia for $7B), he started Chain Reaction in 2019 to design ASICs for blockchain hashing and privacy-preserving encrypted computation.
Oren Yokev (Israel · ♂) — A former head of technology at the Israeli Prime Minister's Office, he co-founded Chain Reaction as CTO to build its cryptographic acceleration hardware.

Date	Round	Amount
Feb 2023	Series C Israeli semiconductor startup Chain Reaction raised a $70M Series C led by Morgan Creek Digital for blockchain and privacy chips.	$70M

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