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      Citrea's Logo

      Citrea

      Overview Fundraising

      Overview

      Location

      Cayman Is.

      Launched

      2022

      Catagory

      Infrastructure

      Subcategory

      Bitcoin Layer 2

      Fundraising Round

      Series A

      Valuation

      --

      Cumulative Amount

      $16.7M

      About Citrea

      Citrea is the first rollup that enhances the capabilities of Bitcoin blockspace with zero-knowledge technology, making it possible to build everything on Bitcoin. This requires no changes to the network's consensus rules. Citrea processes a large number of zkEVM transaction batches and submits a succinct zero-knowledge proof that allows easy verification of the batch validity in an inscription-like envelope to Bitcoin. The zero-knowledge proofs generated by the prover outputs the state difference that batch resulted in, with these proofs then being published to Bitcoin regularly.

      Fundraising

      Seed Series A
      Date: February 22, 2024
      Amount: $2.7M
      Valuation: --
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      FundThailand 2012 11adrian@galaxyventures.co.th
      CorporateUnited States of America 2018 21--
      Angel Investor-- -- 5--
      Angel InvestorIndia -- 5--
      Angel InvestorUnited States of America -- 3--
      Angel Investor-- -- 2--
      Date: October 31, 2024
      Amount: $14M
      Valuation: --
      InvestorsTypeLocationYear Founded# Portfolio CompaniesEmail AddressSocials
      FundUnited States of America 2005 35submissions@foundersfund.com
      Angel InvestorUnited States of America -- 5erik@shapeshift.io
      Angel InvestorUnited States of America -- 117--
      FundNetherlands 2015 66joost@maven11.com
      Fund-- -- 84--
      Angel Investor-- -- 3--
      Angel InvestorCanada -- 8--
      FundUnited States of America 2022 37--
      UncategorizedUnknown -- 6--