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Irreducible raised $24 million in a Series A funding round led by Paradigm and Bain Capital Crypto.

Jan 30, 20256 months ago

Amount Raised

$24 Million

Round Type

series a

San FranciscoCryptocurrencyBlockchain

Investors

Robot VenturesL2 Iterative VenturesFenbushi CapitalBain Capital CryptoParadigm

Description

ZKP infrastructure startup Irreducible has completed a $24 million Series A funding round, with participation from Fenbushi Capital, L2 Iterative Ventures, and Robot Ventures. The funding structure is equity financing, but the post-investment valuation was not disclosed.

Company Information

Company

Irreducible

Location

San Francisco, California, United States

About

Irreducible provides fast and cost-effective computation of zero-knowledge succinct proofs. We operate FPGA clusters tailor-made for cryptographic computation at scale, purpose-built to support blockchain protocols.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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