Partnered With:

Gevulot completes $6 million seed round financing with Variant as lead investor.

BlockBeats reported on January 29th that Gevulot, a zero-knowledge proof blockchain, has completed a $6 million seed round of financing, with Variant as the lead investor and participation from RockawayX, Volt Capital, Stake Facilities, Polygon Labs CEO Marc Boiron, Manta Network founder Shumo Chu, and other individual investors. The financing will be used for the launch of its Layer 1 blockchain, which allows developers to utilize ZK proofs and delegate computing tasks to an advanced hardware operator network.

Source

Correction/Report

RelatedRecommended

Financing Highlights | OKX Ventures leads investment in NAVI Protocol, a liquidity protocol; Variant leads investment in Gevulot, a zero-knowledge proof blockchain.

Last week, there were a total of 24 financing deals with a combined amount of approximately $104.45 million, and an average financing amount of $4.3521 million.

Variant Fund, founded by a former a16Z partner, has merged with Atelier Ventures to launch a $110m Fund

Variant has expanded the investor group. More than 100 builders in different fields have become Variant investors

Variant: How do we predict market trends?

Here are our predictions for this year and next

Variant Fund co-creation: DAO is the next stage of the labor movement

DAO may become the Paris Commune of the 21st century.

Variant Fund Co-founder: How can Web3 applications be Defensive?

On-Chain Activity