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Telos - Strategic
Overview
Funding Date
May 8, 2024
Financing amount
$1M
Valuation
--
Catagory
Subcategory
About Telos - Strategic
Telos has raised $1 million in strategic funding round backed by Presto Labs. The new funding will be used to the development of the new SNARKtor-powered Ethereum Layer 2 zkEVM network being developed by Telos.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Lab | Singapore | -- | 26 | -- |
Founders & Team
Justin Giudici
Company Profile / Project Introduction
Telos is a growing network of networks (Layer 0) enabling Zero Knowledge technology for ultimate scalability and privacy to support all industries and applications. The expanding Telos ecosystem includes over 1.2 million accounts, hundreds of partners, and numerous dApps. Launched in 2018 Telos is known for its impeccable five-year record of zero downtime and is home to the worlds fastest Ethereum Virtual Machine, the Telos EVM. Telos is positioned to lead enterprise adoption into the world of borderless Web3 technology and decentralized solutions.