⚡ Ingonyama has announced the closure of its $20M seed investment round

Ingonyama, a next-generation semiconductor company, focusing on Zero Knowledge Proof hardware acceleration, raises $20M in the seed funding round. Round participants included Samsung Next, Geometry, StarkWare, Walden Catalyst, Blue Yard Capital, and Sentinel Labs.

The company’s first chip aims to revolutionize processing of zero-knowledge proofs and encryption by providing a hardware solution that enhances efficiency and security. #StarkWare #zkProofs