TechFlow Insights
Aztec Network is the first private zk-rollup on Ethereum, designed to provide privacy and scalability for decentralized applications. The project's rollup is secured using the industry-standard Plonk proof system and is being adopted by several leading zero-knowledge scaling projects. Since its inception, Aztec Network has focused on delivering affordable, privacy-preserving DeFi services through zero-knowledge proof technology.
Additionally, Aztec Network is building an encrypted Ethereum network and collaborating with investor a16z to develop next-generation cryptographic architecture, aiming to allow users to follow blockchain rules without revealing any personal information, ensuring verifiability, trustlessness, and security for Ethereum applications.
Funding
-
Raised $2.1 million in seed funding in 2018;
-
Raised $17 million in Series A funding in 2021;
-
Raised $100 million in Series B funding in 2022.
