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Zircuit, a fully EVM-compatible ZK rollup, raised a Mainnet Funding Round


fully EVM-compatible ZK rollup

July 22, 2024


Zircuit, a ZK rollup that is fully compatible with EVM and has AI-enhanced sequencer level security, has announced today that it has successfully raised a Mainnet funding round. This round saw participation from several entities including Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, and notable angel investors such as the founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom, among others.

Project

Latest Raise Date

Stage

Category

Zircuit

July 22, 2024

Mainnet Funding

Roll up

This fresh infusion of funds will enable Zircuit to significantly boost the growth and activity within its ecosystem, further strengthening its robust technical base and its over $2.9 billion in staked assets.


About Zircuit

 Zircuit is an innovative financial technology company that is revolutionizing the web3 space. It is a fully EVM-compatible zero-knowledge rollup that is powered by the latest research in L2 technology. Zircuit’s unique hybrid architecture combines battle-tested infrastructure with zero-knowledge proofs to offer developers the best of both worlds.


Zircuit’s AI security software runs in a specialized transaction sequencer that monitors the mempool for malicious transactions and prevents them from being executed. This approach can protect users from both smart contract hacks as well as bad actors executing scams on-chain.


X Followers today: 191,859

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fully EVM-compatible ZK rollup

About Investor

This round saw participation from several entities including Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, and notable angel investors such as the founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom, among 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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