Gevulot raised $6M in a Seed funding round

Date: January 29, 2024

L1 blockchain focused on zero-knowledge proofs Gevulot raised $6M in a Seed funding round led by Variant Fund, with participation from RockawayX, Volt Capital, Staking Facilities, Marc Boiron, Shumo Chu, Calvin Liu, Mo Dong, George Lambeth.

About Gevulot:
Gevulot is a Layer 1 blockchain focused on zero-knowledge proofs, providing a platform for deploying proof systems as on-chain programs. It stands out by utilizing ZK proofs to enhance privacy, scalability, and compatibility, with a unique approach where blocks primarily consist of proofs rather than conventional smart contract state transitions. Gevulot’s developer-focused network (devnet) enables the deployment of prover or verifier programs on-chain, offering a low-lift and simple experience for users interested in the innovative applications of zero-knowledge proofs.

All funding rounds, links and details you can find on the project page Gevulot