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