According to Foresight News, blockchain development company Zeko Labs has successfully raised $3 million in funding. The round was led by UOB Venture Management, Signum Capital, and YBB Capital. Other participants included Autonomy Capital, Cogitent Ventures, GBV, Tenzor Capital, 3Commas Capital, ArkGrow, AVID3, Cryptonauts, Nox Holdings, NxGen.xyz, SkyVision Capital (SVC), and Presto Labs.

The funds raised will be used to expand the team, accelerate product development, foster the developer community, and promote strategic partnerships in the blockchain and traditional software sectors. Zeko Labs is a blockchain company dedicated to developing DeFi and software solutions driven by zero-knowledge technology.