According to Techub News, zero-knowledge proof service provider Fermah has completed a $5.2 million seed round of financing, led by a16z CSX and Lemniscap, with participation from Bankless Ventures, Longhash Ventures, P-OPS team, Public Works, ZK Validator, Lambda Class, Daedalus, Zero DAO, Velocity Capital and Daemon Ventures, among others. Individual investors include former CTO of Coinbase and A16z GP Balaji, Celestia CEO and COO Mustafa and Nick, Polygon co-founders Sandeep, Jaynti and Daniel, Aztec CEO and CMO Zac and Claire, Axelar CEO Sergey, Geometry co-founder Greg, and others.

Fermah is a zero-knowledge proof service provider powered by EigenLayer, providing low-cost, fast and reliable zero-knowledge proof generation services such as ZK rollups, ZK bridges, ZK coprocessors, and ZKML.