Succinct Labs Raises $55 Million
March 22, 2024
Startup Succinct Labs has announced raising $55 million in a funding round led by Paradigm, with participation from investors such as Bankless Ventures, Geometry, as well as Polygon co-founders Sandeep Nailwal and Daniel Lubarov, and EigenLayer founder Sreeram Kannan. The startup aims to make zero-knowledge proofs technology accessible to every developer, as they believe it is currently one of the most defining technologies for blockchain scalability, interoperability, and data privacy. However, it remains too complex for most developers.
