March 14, 2024
Clique, an infrastructure company based in San Francisco, California, has raised $8 million in a Series A funding round led by Polychain Capital. Other investors in this round included Bankless, Robot Ventures, Santiago R. Santos, Balaji Srinivasan, and several notable angels and investors, such as the founders of Lido, Polygon, Scroll, Berachain, Monad, Gitcoin, Axiom, Succinct, and Uniswap Foundation. This funding brings Clique's total raise to $11 million.
Project | Latest Raise | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
Clique | Mar 14, 2024 | $8M | Series A | $11M | Polychain Capital | Artificial Intelligence (AI) |
Founded by Kevin Yu and Jaden Yan, Clique aims to improve the way both on-chain and off-chain applications access compute and data. The company's technology integrates various compute vendors, specializing in areas such as verifiable compute with zero-knowledge proofs (ZKP), confidential compute trusted execution environments (TEE), and AI-based compute with GPUs. This integration allows applications to optimize for trust, privacy, security, performance, and cost.
Clique has facilitated over $3.5 billion in on-chain transactions through its protocol. The company supports major ecosystems like Arbitrum, Optimism, Linea, Mantle, and Ronin, and has served over 750,000 end users in the Web3 space. Clique has also partnered with over 500 businesses, including Sony Music US, Trip.com, Aave, Eigenlayer, Sushiswap, Velodrome, and Synthetix.
The new funding will support the development of Clique's technology stack and expand its engineering team. The company aims to continue its growth and further establish itself in the blockchain and AI sectors.
About Clique:
Clique is an infrastructure company that powers secure and robust data computing for blockchains. The Clique Compute Coordination Network organizes various off-chain compute resources, allocating them as needed by both general applications and smart contracts. This includes co-processors for verifiable compute, oracles for data retrieval, and specialized hardware for privacy, AI, and secure computation.
Website: https://www.clique.tech/
X Account: https://x.com/Clique2046
X Followers today: 151,388
X Followers 30 days ago: 149,386
X Follower change: 2,002 (+1.34%)
Investor: Polychain Capital
Description: Polychain Capital is a venture capital firm that invests in early-stage technology companies, focusing on projects within the blockchain and cryptocurrency sectors.
Location: San Francisco, California, United States
Website: https://polychain.capital/
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