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Intmax - Seed
Overview
Funding Date
April 13, 2023
Financing amount
$4.88M
Valuation
--
Category
Subcategory
About Intmax - Seed
Ryodan Systems AG, which is based in Switzerland and handles zkRollup’s L2 project "INTMAX", announced on the 13th that it has raised approximately 650 million yen in seed round funding. Hashkey Capital, Scroll, Yusaku Maezawa’s MZ Web3 Fund, and Alchemy Ventures have invested in this round. A wide range of companies have invested, from venture capital (VC) that supports blockchain since the dawn of time to VCs in Japan. Other angel investors in the round include Ethereum cryptographer Justin Drake and former Coinbase CTO Balaji Srinivasan.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Hong Kong | 2018 | 178 | [email protected] | ||
| Corporate | Seychelles | 2021 | 1 | -- | ||
| Fund | Japan | -- | 14 | -- | ||
| Corporate | United States of America | -- | 38 | -- | ||
| Angel Investor | United Kingdom | -- | 2 | -- | ||
| Angel Investor | United States of America | -- | 117 | -- |
Company Profile / Project Introduction
INTMAX is an Ethereum L2 project whose algorithm was devised by the representative and co-founder of the development project in 2021. INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability. The protocol is capable of scaling to 1 billion users in a single day - providing the highest performance among scalable Layer2 technologies. That's 10x the maximum capacity even of Ethereum Layer1!