According to TechFlow, Web3 startup Nexus Labs has completed a $25 million Series A round of financing, led by Lightspeed Venture Partners and Pantera Capital, with participation from Dragonfly Capital, Faction Ventures, and Blockchain Builders Fund. Nexus plans to use the new funds to expand its team and develop more products. Nexus Labs is committed to building zero-knowledge privacy tools that support technologies such as artificial intelligence, network security, and cloud computing.
