Nexus Laboratories has successfully raised $25 million in a Series A funding round. The round was co-led by Lightspeed Venture Partners and Pantera Capital, with additional participation from Dragonfly Capital and Faction VC. Nexus Labs is pioneering the development of zero-knowledge proofs to enhance digital infrastructure. The company aims to scale its Nexus 1.0 zkVM to 1 trillion Hz of compute capacity, which will enable the next generation of verifiable computing. This funding will support Nexus Labs in advancing critical digital infrastructure and optimizing zero-knowledge privacy tools. Pantera and Lightspeed's involvement underscores the significance of this technological advancement, with investors like Veradittakit expressing strong support.
ZERO-KNOWLEDGE CRYPTOGRAPHY FIRM NEXUS LABS RAISES $25M IN SERIES A FUNDING ROUND: DETAILS... - @NexusLabsHQ secured $25 million in a Series A funding round co-led by Lightspeed Venture Partners and Pantera Capital. - Other participants included Dragonfly Capital, Faction… https://t.co/b23YQDx1wQ https://t.co/Omxf2pG65U
ZERO-KNOWLEDGE CRYPTOGRAPHY FIRM NEXUS LABS RAISES $25M IN SERIES A FUNDING ROUND: DETAILS... - Nexus Labs secured $25 million in a Series A funding round co-led by Lightspeed Venture Partners and Pantera Capital. - Other participants included Dragonfly Capital, Faction… https://t.co/93UxK8NDgA https://t.co/Omxf2pG65U
JUST IN: ZERO-KNOWLEDGE CRYPTOGRAPHY FIRM @NEXUSLABSHQ RAISES $25M IN SERIES A FUNDING ROUND CO-LED BY LIGHTSPEED VENTURE PARTNERS AND PANTERA CAPITAL