TechFlow News, November 12 — According to The Block, zero-knowledge (ZK) coprocessor startup Brevis Network has raised $7.5 million in a tokenized seed round led by Polychain Capital and Binance Labs.
Michael Dong, co-founder of Brevis, said the fundraising started in June and closed in September. Brevis’s ZK coprocessor aims to enhance blockchain scalability using ZK proofs and is currently in beta mainnet, with partners including Kwenta, JoJo Exchange, and Trusta already utilizing the technology.
The company is now focused on launching its decentralized proving network, though it has not yet disclosed details about its token. Headquartered in Singapore, Brevis currently has 12 employees and is hiring for senior marketing and R&D roles.
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