TechFlow News, Aligned Layer, Ethereum's first decentralized ZK proof verification layer powered by Eigen Layer, has raised $2.6 million in seed funding led by Lemniscap. The round saw participation from Bankless Ventures, Paper Ventures, Sreeram Kannan, Brandon Kase, Daniel Lubarov, DCbuilder, Chainyoda, Weikeng Chen, Sami BENYAKOUB (samnode_), Peter Fittin (SizeChad), Lucas Kozinski, as well as strategic investments from StarkWare and O(1)Labs.
The funds will be used to expand the team and accelerate the launch of Aligned Layer’s mainnet, planned for the second quarter of 2024.
Aligned Layer aims to provide cost-effective zero-knowledge proof verification for Ethereum, enhancing scalability and interoperability. By integrating multiple zero-knowledge proof systems, the layer reduces costs, increases speed, and drives innovation in blockchain technology.
