TechFlow news: Virtual Labs, the first functional ZK state channel startup, has announced a $1.2 million Pre-Seed funding round at a $20 million valuation, led by OP Crypto and joined by Byzantine Marine, Koyamaki Ventures, NEAR Foundation, and several individual angel investors.
Virtual Labs aims to enhance the Web3 user experience by eliminating gas fees, latency, and cumbersome wallet interactions. The company's flagship product, Virtual Rollup, is a ZK state channel enabling unlimited transactions from an unrestricted number of participants.




