Press releases from Aligned Layer, technological news outlets

Aligned Layer Secures $2.6M Seed Funding, Partners with Ingo_zk for Ethereum ZK Proofs

Apr 15, 2024, 05:03 PM

Aligned Layer, a company focusing on fast Zero-Knowledge (ZK) proof verification for Ethereum, has successfully raised $2.6 million in a seed funding round. The round was led by Lemniscap and saw participation and strategic investments from BanklessVC, Papervc, StarkWare Ltd, and o1_labs. This funding aims to enhance Ethereum's capabilities as a faster and cheaper settlement layer for validity proofs, building on top of EigenLayer. Aligned Layer is also partnering with Ingo_zk to develop a full-stack ZK infrastructure platform, aiming to bridge the gap between provers and verifiers for enhanced scalability and innovation.