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      Citrea - Series A

      Panorama Inversor Profil de l'entreprise / Introduction du projet

      Panorama

      Fecha

      October 31, 2024

      Monto de financiación

      $14M

      Valuación

      --

      Categoría

      Infrastructure

      Subcategoría

      Bitcoin Layer 2

      Acerca de Citrea - Series A

      Citrea raised $14.00M in a financing round on Oct 31, 2024. The round was backed by Founders Fund, Erik Voorhees, Balaji Srinivasan and others. In total, there were 9 investors that participated in the round.

      Inversor

      InversoresTipearUbicaciónAño de fundación#Empresas de portafolioDirección de correo electrónicoSociales
      Fund United States of America 2005 35 submissions@foundersfund.com
      Angel Investor United States of America -- 5 erik@shapeshift.io
      Angel Investor United States of America -- 117 --
      Fund Netherlands 2015 65 joost@maven11.com
      Fund -- -- 83 --
      Angel Investor -- -- 3 --
      Angel Investor Canada -- 8 --
      Fund United States of America 2022 37 --
      Uncategorized Unknown -- 6 --

      Profil de l'entreprise / Introduction du projet

      Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero-knowledge technology, making it possible to build everything on Bitcoin. This requires no changes to the network's consensus rules. Citrea processes a large number of zkEVM transaction batches and submits a succinct zero-knowledge proof that allows easy verification of the batch validity in an inscription-like envelope to Bitcoin. The zero-knowledge proofs generated by the prover outputs the state difference that batch resulted in, with these proofs then being published to Bitcoin regularly.

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