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Kroma, an Optimistic Rollup utilizing zkEVM for Web3 dApps, secures Series A funding from Gate Ventures and others


 Optimistic Rollup utilizing zkEVM for Web3 dApps

September 02, 2024


Kroma has announced the successful completion of its Series A funding round, attracting investments from a diverse group of esteemed backers, including Asia Advisors Korea, Gate Ventures, ICC Venture, Planetarium, Presto, RFD Capital, Taisu Ventures, The Spartan Group, Waterdrip Capital, and others.


Project

Latest Raise Date

 Stage

Category

Kroma

September 2, 2024

Series A

Rollup

Kroma is pioneering Native Account Abstraction (AA) within the Superchain ecosystem to provide a seamless Web3 gaming experience. With over 81 partners, such as SK Planet, Xangle, and Hexlant, Kroma is expanding its influence across gaming, DeFi, NFTs, and beyond, contributing essential technology to the community.


The funds raised will be used to advance Kroma’s infrastructure, focusing on expanding functionalities and enhancing platform development. Their applications aim to appeal to a broad audience while maintaining high standards of security and operational efficiency.


About Kroma

Kroma is a platform built on Ethereum that aims to enhance the Web3 gaming experience. It uses a technology called ZK Rollup to make transactions faster and cheaper. Kroma is part of the Superchain ecosystem and supports various applications, including gaming, DeFi, and NFTs. The platform is designed to be user-friendly and secure, making it easier for developers and users to interact with blockchain technology.



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 Optimistic Rollup utilizing zkEVM for Web3 dApps

About Investor

Asia Advisors Korea, Gate Ventures, ICC Venture, Planetarium, Presto, RFD Capital, Taisu Ventures, The Spartan Group, Waterdrip Capital, and others.

 


 

A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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