ChainCatcher news, according to official sources, the fully homomorphic encryption privacy protection technology developer Fair Math has announced the completion of a $1.4 million Pre-seed funding round, led by gumi Cryptos Capital, Inception Capital, and Polymorphic Capital.According to reports, Fair Math focuses on developing privacy protection technology based on fully homomorphic encryption, with the core goal of significantly simplifying the development of fully homomorphic encryption (FHE) applications by establishing a developer community and tools, thereby promoting the adoption of fully homomorphic encryption (FHE). Fair Math has collaborated with the OpenFHE team to develop the fully automated FHE challenge platform FHERMA, which uses FHE challenges and a competition-based approach as the core mechanism for addressing challenging problems in practice, and establishes and organizes an FHE component library for application developers.