Union
Summary
Today, were thrilled to announce that weve successfully raised $4 million in seed funding to drive our mission of revolutionizing cross-chain infrastructure. The funding round was led by Galileo, and joined by Semantic Ventures, Tioga Capital, and Nascent, as well as angels from Chorus One, Quasar, Easy2stake, UDHC, Obol, and Skip Protocol. The output of this year-long work is an astonishingly cohesive architecture consisting of three key elements, ensuring efficient and secure data transfer and interaction between various blockchains.Unions unique consensus engine allows the transfer of any asset natively to any chain, prioritizing efficiency, security, scalability, and interoperability. Unlike other bridging solutions, Union does not grant relayers special authority, mitigating the risk of private key exposure. Messages are verified using zero-knowledge proofs, adding an extra layer of security.David Feiock, Founder at Galileo, highlights the significance of Unions innovation: Secure, reliable, cost-efficient communication between networks and dApps, facilitated by ZK infrastructure, ultimately means more use cases and more users.This investment not only fuels our growth but also supports our commitment to providing a user-friendly experience through our high-level API.