ZKM raises $5 million in a Pre-Series A round led by OKX Ventures to launch its Bitcoin-based Layer 2 network.
May 07, 2024•about 1 year ago
Amount Raised
$5 Million
Round Type
series a
San FranciscoBlockchainInvestors
Crypto.ComMetis FoundationAmberOkx Ventures
Description
ZKM has raised $5 million in an early-stage funding round as it prepares to launch its Bitcoin-based Layer 2 network. The investment was secured in a Pre-Series A funding round led by OKX Ventures, with participation from Amber, Metis Foundation, Crypto.com, and other firms.
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