BlockBeats news, on April 17, blockchain research and development organization Nebra announced that it had completed $4.5 million in financing in the Pre-Seed and Seed rounds, led by Nascent and Bankless Ventures, and participated by angel investors such as Tim Beiko of the Ethereum Foundation, Kartik Talwar of ETHGlobal, Nick White of Celestia, and Sandy Peng and Haichen Shen of Scroll.
The new funds will be used to advance the development of the shared settlement layer, promote and democratize zero-knowledge proof technology, reduce the cost of proof settlement on Ethereum and other blockchains, and thus create a new Internet shared settlement layer.
