Rarimo, a provider of a zero-knowledge (ZK) identity protocol, raised $2.5M in funding.
Investors included Vitalik Buterin, Ethereum Co-Founder, Nick White, Celestia Co-Founder, Brian Retford, RiscZero Co-Founder, Daniel Lubarov, Polygon Zero Co-Founder, Stefan George, Gnosis Co-Founder, Alex Pruden, Aleo Co-Founder, Keone Hon, Monad Co-Founder, Ariel Gabizon, Zcash contributor, Zac Williamson, Aztec Co-Founder, Arnaud Schenk, Aztec Co-Founder, Liam Eagan, Alpen Labs Founder, Pavel Kravchenko, Distributed Lab Co-Founder.
Rarimo’s identity infrastructure started with passport ZKPs. Users can self-issue passport-based identities, store them privately on their mobile phones, and generate ZK proofs locally from their own devices. No third parties are involved in the process.
In line with this view, funds from the round will be used to launch Rarimo as a ZK roll-up on Ethereum in Q1 2025. This expansion follows the battle testing of Rarimo’s ZK identity system during the Russian elections where it survived Kremlin attacks.
FinSMEs
04/12/2024