Toposware – a pioneer in zero-knowledge technology – recently announced the completion of its $5 million strategic seed extension round. Evolution Equity Partners led this funding round. It featured participation from prominent investors like Triatomic Capital, K2 Access Fund, Polygon’s Founder and Chairman Sandeep Nailwal, and key global insurance, finance, manufacturing, healthcare, consulting, and tech leaders.
The highlights of the funding round include the following:
1.) Strategic Partners – This latest funding round was constructed to bring key VCs and industry leaders on board with direct experience in building global standards, scaling ubiquitous products to massive market share, and aligning access and utility within target market sectors.
2.) Enterprise Scalability – Through a focus on addressing challenges related to interoperability, privacy, and scalability, Toposware is ready to bring zero-knowledge to the enterprise ecosystem. And this investment will further enable the company to engage leading enterprise clients with the launch of its Enterprise Early Access Program.
3.) Topos Builders Program – Toposware’s recently launched Testnet and the Topos Builders Program which are driving increased adoption and developing the next generation of zero-knowledge infrastructure. The first Topos Builders Program cohort is currently oversubscribed by 500% and is on track to attract projects and talent into the ecosystem from day one.
4.) Core Infrastructure – The Toposware team’s growth plans continue with the recruitment of world-class talent to fulfill their goals of building disruptive technology for a trustless connected future. And with a current emphasis in the Americas and Europe, Toposware is focused on further building out its engineering team to deliver core zero-knowledge infrastructure and community roles for ecosystem adoption.
KEY QUOTES:
“Creating infrastructure that fundamentally changes the way parties digitally interact is a daunting undertaking, however, the opportunities are massive. Evolution Equity Partners is excited to support Toposware as they lead from the front – propelling zero-knowledge innovation to mainstream utility. We believe the team has the passion and expertise to set zero-knowledge proofs as a core component of the next generation of global technology infrastructure.”
– Taher Elgamal, Evolution Equity Partner and “Father of SSL”
“Toposware is entering a new phase of growth and development where we are laser-focused on applying the differentiated utility of zero-knowledge to real-world use cases. We couldn’t be more excited to be supported by this world-class investor group and look forward to leveraging their collective experience to accelerate the execution of our goals – bringing developers, product teams, organizations, and users together to create novel value.”
– Toposware’s CEO Theo Gauthier
