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Aztec - Series B
Overview
Funding Date
December 16, 2022
Financing amount
$100M
Valuation
--
Catagory
Subcategory
About Aztec - Series B
Aztec Network is proud to announce $100 million in Series B financing led by a16z crypto, with participation from A Capital, King River, Variant, SV Angel, Hash Key, Fenbushi, and AVG.
Aztec partnership with a16z will fund development of a next-generation encrypted architecture, allowing users to verify that blockchain rules were followed correctly without revealing any underlying information. Aztec's architecture enables blockchain applications to be verifiable, trustless, and secure.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2009 | 140 | businessplans@a16z.com | ||
| Fund | United States of America | 2014 | 28 | kartik@acapital.com | ||
| Fund | Australia | 2018 | 7 | info@kingriver.co | ||
| Fund | United States of America | 2020 | 48 | info@variant.fund | ||
| Fund | United States of America | 2009 | 29 | -- | ||
| Fund | Hong Kong | 2018 | 169 | contact@hashkey.capital | ||
| Fund | China | 2015 | 101 | contact@fenbushi.vc | ||
| Fund | United States of America | 2013 | 36 | info@avgfunds.com |
Founders & Team
Zachary Williamson
Thomas Pocock
Company Profile / Project Introduction
Aztec Network is the first private ZK-rollup on Ethereum, enabling decentralized applications to access privacy and scale. Aztec's rollup is secured by its industry-standard PLONK proving mechanism used by the leading zero-knowledge scaling projects. Aztec Connect is the first private bridge for Ethereum's decentralized finance ecosystem. It allows users to confidentially access world-class DeFi services on Ethereum with up to 100x cost savings, all while strengthening Aztec's existing privacy guarantees. At launch, Aztec Connect extends the capabilities of zk.money, adding functionality from blue-chip DeFi partners. The Aztec SDK allows any Ethereum project to permissionlessly integrate Aztec, unlocking instant privacy and cost-savings.