Ligero, a NYC-based crypto startup focused on zero-knowledge proof (ZKP) technology for data privacy and security, raised $4M in Seed funding.
The round was co-led by Galaxy Ventures and 1kx with participation from Franklin Templeton, Nascent, Anagram, Robot Ventures, Digital Currency Group and ZKV.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2018, Ligero builds tools to simplify zero-knowledge proof development, deployment and scaling without compromising security or compliance. Its core product, Ligetron, is a zero-knowledge virtual machine (zkVM) designed for high-speed performance across both browsers and advanced hardware.
In 2020, Ligero received a four-year grant from the Defense Advanced Research Projects Agency (DARPA) under the Securing Information for Encrypted Verification and Evaluation (SIEVE) program to improve zero-knowledge proofs. This research became the foundation of its current technology, leading to its focus on ZK innovation.
With this round, the company has raised a total of $5.15M, including a $1.15M round in 2019.
FinSMEs
27/02/2025