Zero-knowledge proof generation layer Fermah completes $5.2 million seed round of financing, led by a16z CSX and Lemniscap

According to ChainCatcher, the zero-knowledge proof generation layer Fermah has completed a $5.2 million seed round of financing, led by a16z's CSX and Lemniscap, with participation from Bankless Ventures, Longhash Ventures, 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 RootData, a Web3 asset data platform, Fermah is a general-purpose zero-knowledge proof generation layer. It acts as a marketplace, with supply side including GPUs and FPGAs. On the demand side, Fermah can generate proofs for any instance that uses ZK.