According to TechFlow, on September 17, The Block reported that Fermah, a developer of the universal proof generation layer, announced the completion of a $5.2 million seed round of financing, led by a16z CSX and Lemniscap, with participation from Bankless Ventures, Longhash Ventures, Public Works, and ZKValidator. Fermah aims to solve problems related to zero-knowledge proofs by serving as a market for zero-knowledge (ZK) proof generation. The new funds will be used to strengthen its teams in marketing, engineering, and other departments, and expand its product offerings.