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RISC Zero - Seed
Overview
Funding Date
August 9, 2022
Financing amount
$12M
Valuation
--
Category
Subcategory
About RISC Zero - Seed
Crypto startup RISC Zero has raised a $12 million seed round led by Bain Capital Crypto to build a scalable blockchain using zero-knowledge proof technology.
Investment firm Geometry remains a follow-on investor, others involved in the round include D1 Ventures and Cota Capital, as well as angel investors like Jinglan Wang, co-founder and CEO of Ethereum scaling solution Optimism, and Meltem Demirors, chief strategy officer at crypto asset manager Coinshares.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | -- | 19 | -- | ||
| Fund | Switzerland | -- | 12 | -- | ||
| Fund | China | 2019 | 51 | [email protected] | ||
| Fund | United States of America | 2015 | 4 | -- | ||
| Angel Investor | -- | -- | 7 | -- | ||
| Angel Investor | United States of America | -- | 41 | -- |
Founders & Team
Brian Retford
Frank Laub
Jeremy Bruestle
Company Profile / Project Introduction
RISC Zero's area of expertise is zero-knowledge proofs, an authentication method that enables information to be verified without revealing its contents.
In March of this year, RISC Zero launched a zero-knowledge proof virtual machine, its first open-source product leveraging the authentication approach. The virtual machine enables developers to build zero-knowledge proofs that can be executed on any modern computer using a variety of programming languages, according to RISC Zero's website.