Alpen Labs raised $10.6M in a funding round led by Ribbit Capital to enhance Bitcoin’s blockchain scalability using zero-knowledge proofs and introduce smart contract functionality to Bitcoin.
Alpen Labs raised $10.6M in a funding round led by Ribbit Capital to enhance Bitcoin’s blockchain scalability using zero-knowledge proofs and introduce smart contract functionality to Bitcoin.
04/14/24, 6:16 PM
Location
new yorkMoney raised
$10.6 million
Industry
cryptocurrency
blockchain
Investors
Axiom Capital, Robot Ventures, Castle Island Ventures, Ribbit Capital
Alpen Labs, a Bitcoin layer-2 developer, successfully raised $10.6 million in a funding round led by Ribbit Capital. The startup aims to enhance Bitcoin’s blockchain scalability using zero-knowledge proofs and introduce smart contract functionality to Bitcoin through its rollup infrastructure.