Succinct raised $55M in Seed and Series A rounds led by Paradigm to make zero-knowledge proofs available to any developer.
Succinct raised $55M in Seed and Series A rounds led by Paradigm to make zero-knowledge proofs available to any developer.
03/21/24, 7:03 PM
Location
san franciscoMoney raised
$55 million
Industry
software
information technology
Investors
Elad Gil, Polygon, Eigenlayer, Zk Validator, Geometry, Bankless Ventures, Robot Ventures, Paradigm
Succinct, a web3 infrastructure provider, completed a $55 million funding round across seed and Series A rounds, with Paradigm leading the investment. The funding also attracted participation from Robot Ventures, Bankless Ventures, Geometry, ZK Validator, and several angel investors. The company aims to make zero-knowledge proofs available to any developer by using its zkVM, SP1, and decentralized prover network.