December 5, 2024
Gevulot, a blockchain infrastructure platform that focuses on privacy, has announced a new strategic funding round. The round included participation from StarkWare, AltLayer, Quantstamp, Bankless Ventures, ZeroDAO, Alchemy, Chorus One, and Gelato Network. Specific financial details of the raise were not disclosed, but the funding is expected to support the platform’s efforts to enhance blockchain privacy solutions.
Gevulot develops infrastructure aimed at integrating privacy into decentralized applications (dApps). The platform employs cryptographic technologies to address privacy challenges while maintaining scalability. The funding round signals interest from blockchain-focused investors in privacy and scalability advancements within the sector.
About Gevulot
Gevulot provides blockchain infrastructure designed to incorporate privacy into decentralized applications. Using cryptographic tools, the platform aims to create scalable solutions for developers and users. Its focus is on addressing privacy challenges in blockchain technology.
Website: https://www.gevulot.com/
X: @gevulot_network
About Investors
StarkWare
StarkWare is a blockchain technology company that focuses on developing solutions to enhance scalability and privacy within decentralized systems. The company is known for its technologies, such as StarkEx and StarkNet, which utilize zero-knowledge proofs to enable secure and efficient transactions on blockchain networks.
Website: https://starkware.co/
Location: Israel
AltLayer
AltLayer is a blockchain platform designed to support decentralized application-specific rollups, enabling developers to create scalable and efficient solutions tailored to their specific use cases. The platform provides a modular architecture that simplifies the deployment of rollups, enhancing performance and interoperability within decentralized ecosystems.
Website: https://www.altlayer.io/
Location: Singapore
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