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Nexus - Series A
Overview
Funding Date
June 10, 2024
Financing amount
$25M
Valuation
--
Catagory
Subcategory
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About Nexus - Series A
Nexus Labs has raised $25 million in Series A funding round led by Lightspeed Venture Partners and Pantera Capital. With other investors from Dragonfly Capital, Faction Ventures, and Blockchain Builders Fund. This fundraising brings the total raised to $27.2 million
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2000 | 58 | info@lsvp.com | ||
| Fund | United States of America | 2013 | 135 | ir@panteracapital.com | ||
| Fund | United States of America | 2018 | 128 | info@dragonflycapitalpartners.com | ||
| Fund | United States of America | 2022 | 15 | -- | ||
| Fund | Unknown | -- | 8 | -- |
Company Profile / Project Introduction
Nexus Network is a massively-parallelized proof mining network. It is a world-scale instantiation of the Nexus zkVM, designed to run at a trillion CPU cycles per second, given enough computing power connected to it. The Nexus zkVM (zero-knowledge virtual machine) is a modular, extensible, open-source, highly-parallelized, prover-optimized, contributor-friendly, zkVM written in Rust, focused on performance and security.