Tech Company Financing Transactions
Ulvetanna Funding Round
Bain Capital Crypto, Paradigm and Jump Crypto participated in a $15 million Seed funding round for Ulvetanna. This venture round was announced on 1/19/2023.
Transaction Overview
Company Name
Announced On
1/19/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Seed
Investors
Proceeds Purpose
The firm is building hardware that looks to accelerate the process of generating ZKPs, a cryptographic method of authentication to prove specific information without revealing the content of said information. In crypto, this technology has been historically used in scaling solutions for blockchain networks, particularly Ethereum.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
San Francisco, CA 94158
USA
San Francisco, CA 94158
USA
Phone
Undisclosed
Website
Email Address
Overview
Operator of a web 3 platform located in San Francisco, United States. The company's platform offers hardware acceleration for the next-gen blockchain and the process of generating ZKPs, helping users with a cryptographic method of authentication to prove specific information without revealing the content.
Management Team
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