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HomeFunding New York-based Axiom Secures $20Million in Series A Round Funding

[Funding alert] New York-based Axiom Secures $20Million in Series A Round Funding

New York-based Axiom secures $20million in series A round funding. Standard Crypto and Paradigm led the round, and other participants included Robot Ventures, Ethereal Ventures, and a few builders from the ZK and crypto space.

New York-based Axiom secures $20million in series A round funding. Standard Crypto and Paradigm led the round, and other participants included Robot Ventures, Ethereal Ventures, and a few builders from the ZK and crypto space.

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Haichen Shen from Scroll, Ye Zhang, Sandy Peng, and Hasu from Flashbots Liam Horne from Optimism / ETH Global, Collin Myers from Obol, Lakshman Sankar from Personae, Brendan Farmer and Daniel Lubarov from Polygon, Brendan Tong and Jasraj Bedi from Zellic, Zac Williamson and Joe Andrews from Aztec, and many more. Alex Atallah from OpenSea, Sreeram Kannan and Calvin Myers from EigenLabs, and many more.

With this funding, the company will be able to expand its workforce and quicken the development of its core ZK platform, which will enable developers of smart contracts to create on-chain applications that are rich in data.

Read also – WA-based Digs Secures $7Million in Seed Funding

Authenticated data access is approached differently by Axiom, using ZK cryptography in place of consensus. With the recent Axiom V2 mainnet release, Axiom enabled on-chain apps to compute over more data at a reduced cost by utilising ZK, beginning with the full Ethereum history.

About Axiom

Axiom allows for computation throughout Ethereum’s history, which is validated using on-chain ZK proofs. Integrate information from accounts, contracts, block headers, transactions, and receipts.

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