Cysic raises $12M in a Pre-Series A funding round

#Cysic , a zero-knowledge hardware company, has secured $12 million in a funding round led by #HashKeyCapital and #OKXVentures with participation from #ABCDELabs, #BitDigital, #CoinSwitch, #IDGBlockchain, #MatrixPartners, #PolychainCapital, #SNZ and #Web3com .

The investment aims to advance #zeroknowledge proof generation speed and efficiency. Established in 2022, Cysic focuses on ASIC design for real-time ZK proof generation. The funds will support global expansion and hardware production.