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CDS Startups Hyper Oracle Raises $3M in Pre-Seed Round

Startups

Hyper Oracle Raises $3M in Pre-Seed Round

oguz24/01/20231 Mins read383

Zero-Knowledge Middleware developer Hyper Oracle is off to a good start, raising $3 million in a pre-seed round.

Table of Contents

About Pre-Seed Round

Zero-Knowledge Middleware developer recently announced that it raised $3 million in a pre-seed round. The pre-seed round was led by dao5 and Sequoia China Seed Fund, while Foresight Ventures and FutureMoney Group were among the other investors.

The investment raised will be used to develop Hyper Oracle’s zkMiddleware protocols and zkOracle networks. The company also plans to use a portion of the investment for cutting-edge Zero-Knowledge research.

About Hyper Oracle

Firm is a zkMiddleware protocol developer that aims to provide end-to-end reliable zkIndexing and zkAutomation for Web3 dApps. Furthermore, the platform solves the performance issues of blockchain middleware by providing security, decentralization, and computing integrity using the zkWASM virtual machine.

Reference

www.hyperoracle.medium.com

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Written by

oguz

The author is a political science and public administration student at Kocaeli University. He is also studying Management Information Systems at Anadolu University. He met Blockchain technology and Cryptocurrencies for the first time in 2019. Interested in cryptocurrencies for over 2 years. In addition he provides E-commerce and social media marketing services.

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