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Opside - Seed
Overview
Funding Date
April 6, 2023
Financing amount
$4M
Valuation
--
Catagory
About Opside - Seed
Opside has raised $4 million in Seed funding round led by Web3.com Ventures. The seed round funding will be used to accelerate Opside's development, expand its team and scale its operations to meet the increasing demand for its services. Opside is set to focus on ZK-RaaS, and proof-of-stake (PoS) and proof-of-work (PoW) consensus, assisting applications and users with a better experience — filling a gap in the market underserved by existing ZK-RaaS solutions.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Corporate | Singapore | -- | 8 | -- | ||
| Fund | Singapore | 2017 | 188 | andrea@ngc.fund | ||
| Fund | China | -- | 20 | -- | ||
| Fund | China | 2018 | 12 | -- | ||
| Fund | -- | -- | 3 | -- |
Founders & Team
NanFeng
Alvaro Fernández
Company Profile / Project Introduction
Founded in March 2022, Hong Kong-based Lumoz is broadly a blockchain scaling infrastructure provider. Specifically, it is a zk-rollup as a service (ZK-RaaS) platform that helps developers launch their own application-specific zk-rollups "with a single click."
Lumoz is a decentralized ZK-RaaS (ZK-Rollup as a Service) platform as well as a PoW (Proof of Work) network that facilitates ZKP (Zero-Knowledge Proof) mining.