The zero-knowledge proof generation layer Fermah has completed a $5.2 million seed round financing, led by a16z CSX and Lemniscap.

Sep 17, 2024 20:06:27

according to The Block, the zero-knowledge proof generation layer Fermah has completed a $5.2 million seed round financing, led by a16z's CSX and Lemniscap, with participation from Bankless Ventures, Longhash Ventures, the P-OPS team, Public Works, ZK Validator, Lambda Class, Daedalus, Zero DAO, Velocity Capital, Daemon Ventures, and angel investors including Balaji Srinivasan and Sandeep Nailwal.

According to the Web3 asset data platform RootData, Fermah is a general-purpose zero-knowledge proof generation layer. It acts as a marketplace, with suppliers including GPUs and FPGAs. On the demand side, Fermah can generate proofs for any instance using ZK.

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