Seed Round
Funding Details
Miden, a privacy-focused blockchain project that aims to enhance user privacy and data security through innovative blockchain technology, has successfully secured $25 million in seed funding. The funding round was structured as a SAFE with token warrants and was co-led by prominent venture capital firms including a16z crypto, 1kx, and Hack VC. Miden is a spin-off from Polygon Labs, specializing in zero-knowledge protocols to provide fast transaction speeds and enhanced privacy for institutional clients. The funding will be utilized to further develop Miden's technology and expand its market reach, targeting institutional clients who require robust privacy solutions. The project is positioned to address the growing demand for privacy-centric solutions in the blockchain space, particularly among enterprises and financial institutions.
Confidence Score
Participating Investors
a16z Crypto Startup Accelerator (CSX) connects founders with capital, a network of industry experts, and a cohort of leading web3 teams. The program f...
Hack VC is an early-stage venture capital firm that invests in the cryptocurrency, fintech, and marketplaces sectors. The firm partners with online an...
1kxnetwork is a venture capital firm focused on investing in blockchain and cryptocurrency projects, specializing in ecosystem growth and network buil...
a16z crypto is a venture capital fund that has been investing in crypto and web3 startups across all stages since 2013. The fund is part of Andreessen...
The accelerator for early-stage companies building with crypto and blockchain technologies, hosted by a16z crypto.
Finality Capital is a venture capital firm focused on investing in innovative technology companies, particularly those leveraging blockchain technolog...
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