TechFlow news: Ola, a privacy-focused Web3 startup, has raised $3 million in seed funding led by Web3.com Ventures and Foresight Ventures, with participation from Token Metrics Ventures, LD Capital, Catcher VC, and others. Ola is developing a hybrid zero-knowledge rollup called "ZK-ZKVM," aiming to provide optional privacy for the crypto industry.
Ola is a Layer 2 privacy project incubated by Sin7y Labs. It is currently not open to the public and is expected to launch its internal testnet in the third quarter of 2023, followed by a public testnet by year-end.
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