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      Cysic's Logo

      Cysic - Pre-Series A

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      May 23, 2024

      Financing amount

      $12M

      Valuation

      --

      Subcategory

      Hardware

      About Cysic - Pre-Series A

      Cysic, a ZK (zero-knowledge) hardware acceleration company, announced that it has successfully raised $12 million in a pre-A funding round. The round was led by industry leaders Hashkey Capital and OKX Ventures.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundHong Kong2018163contact@hashkey.capital
      CorporateHong Kong2017125support@okex.com

      Founders & Team

      Xiong Fan's Logo

      Xiong Fan

      Bowen Huang's Logo

      Bowen Huang

      Company Profile / Project Introduction

      Cysic is a zero-knowledge (ZK) hardware startup that aims to provide hardware acceleration solutions for ZK proof protocols. Within two months of launching, the Cysic team developed a FPGA prototype of multi-scalar multiplication (MSM), which is an important component within ZK protocols. An FPGA is a type of programmable hardware, which is akin to CPU and GPU chips. Running MSM on a CPU can be incredibly power and time intensive, which is why Cysic focused on trying to accelerate this component with FPGAs.

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      *Fundraising Announcement: Click here