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Hylé - Seed
Overview
Funding Date
May 14, 2024
Financing amount
$2.6M
Valuation
--
Category
Subcategory
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About Hylé - Seed
Zero-knowledge project Hylé raised $2.6 million in fresh financing led by the venture firm Framework Ventures. Cherry Crypto, Fabric Ventures, First Capital and Heartcore Capital also participated in the round. Hylé's total initial funding to date is $3.4 million, with an additional $1.5 million in revenue from their NFT project briqNFT
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Canada | 2019 | 95 | [email protected] | ||
| Corporate | Unknown | -- | 2 | -- | ||
| Fund | United Kingdom | 2017 | 60 | [email protected] | ||
| Angel Investor | Unknown | -- | 1 | -- | ||
| Fund | Denmark | 2007 | 6 | -- |
Founders & Team
Sylve Chevet
Company Profile / Project Introduction
Hylé is your minimal layer one, focused only on verifying zero-knowledge proofs. By sending a simple proof to be verified on Hylé, you can build a fully off-chain application powered by ZKPs that still has the security guarantees of the blockchain.
- Hylé only verifies zero-knowledge proofs: settlement is all you need.
- Hylé uses minimal storage: we only store the source of truth and our nodes are very light.
- Hylé is modular by design, for full flexibility.
- Hylé does not reinvent the wheel: we leverage existing tech stacks (Cairo, Risc0, SP1, etc.)