Opacity Network raised $12 million in a seed round co-led by Archetype and Breyer Capital to develop a ZK-based data verification platform.
Oct 15, 2024•11 months ago
Amount Raised
$12 Million
Investors
Escape VelocityBodhi VenturesFinality Capital PartnersA16z Crypto Startup AcceleratorBreyer CapitalArchetype
Description
Opacity Labs raised $12 million in a seed funding round to enhance its data verification platform which utilizes zero-knowledge proofs. The funding was co-led by Archetype and Breyer Capital, with participation from multiple other investors. This funding effort commenced in July and successfully closed last month.
Funding Insights
Based on industry dataVC-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