Nexus Closes $25M Series A Funding Round
Summary
The round, which brought the total amount to $27.2M, was co-led by Lightspeed Venture Partners and Pantera Capital, with participation from Dragonfly Capital, Faction Ventures, and Blockchain Builders Fund. The company intends to use the funds to accelerate its go-to-market efforts and expand its engineering team. Led by CEO and Founder Daniel Marin, Nexus is a company at the forefront of scientific breakthroughs in verifiable computation. It is building the infrastructure for a verifiable ecosystem with its core technology, the Nexus Zero Knowledge Machine, an open source virtual machine system capable of generating proofs for any computation. We believe this is a fundamental step for humanity, as was the advent of the Internet, cloud computing and AI.