Succinct Labs, a startup company focusing on the development of zero-knowledge proof (Zk) technology, announced yesterday that it has raised $55 million in funding from a seed round and Series A round led by prominent cryptocurrency venture capital firm Paradigm. Other investors participating in this funding round include Robot Ventures, Bankless Ventures, Geometry, ZK Validator, as well as Sandeep Nailwal and Daniel Lubarov, co-founders of Polygon, and Sreeram Kannan, founder of EigenLayer.
