News/Polyhedra Network Raises $15 Million in Pre-Series A Funding Led by Polychain Capital

Polyhedra Network Raises $15 Million in Pre-Series A Funding Led by Polychain Capital

Apr 04,2023,22:48

Polyhedra Network closed a $15 million Series A round led by Polychain Capital, with participation from ABCDE, Sparkle Ventures, HashKey Capital, Foresight Ventures, Kucoin Ventures, NGC Ventures, and Arcane Group. 

Polyhedra Network, a startup providing Web3 infrastructure backed by zero-knowledge (ZK) proofs, is building a suite of systems focusing on blockchain interoperability, scalability and privacy. Those systems include zkBridge, which facilitates cross-chain asset and data transfers. 

In February, Polyhedra Network closed a $10 million funding round led by Binance Labs and Polychain Capital, with participation from Animoca Brands and Dao5, among others.

 

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