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Brevis - Seed
Overview
Funding Date
November 11, 2024
Financing amount
$7.5M
Valuation
--
Category
Subcategory
About Brevis - Seed
Brevis has announced the raise of $7.5 million in seed funding led by Polychain Capital and Binance Labs, and with participation from IOSG, Nomad Capital, Bankless Ventures, and Hashkey, as well as a number of amazing angel investors.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2016 | 164 | [email protected] | ||
| Fund | Malta | 2018 | 153 | -- | ||
| Fund | Hong Kong | 2017 | 107 | [email protected] | ||
| Corporate | Unknown | 2022 | 29 | [email protected] | ||
| Fund | Unknown | 2022 | 35 | -- | ||
| Fund | Hong Kong | 2018 | 179 | [email protected] |
Founders & Team
Michael Tung
Company Profile / Project Introduction
Brevis is an efficient, verifiable off-chain computation engine that brings limitless computation capacity to existing smart contract blockchains. Utilizing zero-knowledge proofs, Brevis offloads data-intensive, costly computations from on-chain environments to a drastically lower-cost off-chain engine, and empowers Web3 applications to scale seamlessly while preserving the security of L1 trust assumptions.