[Subscribe Now] Track A-Level Transparency Project Biweekly Report and Discover the Top 1% of Projects
API Download the RootData App

The universal proof aggregator Electron has completed a $1 million seed round financing, with participation from Polygon co-founders and others.

Sep 12, 2024 15:13:00

Share to

ChainCatcher news, the zero-knowledge general proof aggregator Electron has announced the completion of a $1 million seed round financing, with investors including Polygon co-founder Sandeep Nailwal, Gnosis co-founder Martin Köppelmann, Jaynti Kanani (previous co-founder of Polygon), and Avail co-founder Anurag Arjun, as well as LambdaClass, Zephyrus Capital, Blue7, Interop, Router Protocol, and others.

Electron stated that the funding will be used to build a general ZK proof aggregation layer for Ethereum.

According to the Web3 asset data platform RootData, [Electron Labs](https://www.rootdata.com/zh/Projects/detail/Electron Labs?k=MjA3MQ== "Bringing on-chain privacy to dApps and users") is a closed cross-chain messaging protocol for L1. It uses light clients and zero-knowledge proofs to maintain decentralization.

Related Projects

Latest News

Data: BTC breaks through 71,000 USD

ChainCatcher

Mar 21, 2026 22:12:38

Data: BTC breaks through 71,000 USD

ChainCatcher

Mar 20, 2026 16:07:24

Data: BTC breaks through 70,000 USD

ChainCatcher

Mar 20, 2026 03:02:20

Data: ETH falls below 2100 USD

ChainCatcher

Mar 19, 2026 23:46:47

Data: BTC falls below 69,000 USD

ChainCatcher

Mar 19, 2026 23:42:41

Recent Fundraising

More
$5M Mar 16

New Tokens

More

Latest Updates on 𝕏

More