Zeko Labs, a blockchain company realizing the vision of a world powered by zero-knowledge technology, announced the completion of a $3 million pre-seed funding round from a consortium of early-stage investors. UOB Venture Management, Signum Capital, and YBB Capital led the funding round with Zeko Labs, backed by additional significant investments from Autonomy Capital, Cogitent Ventures, GBV, Tenzor Capital, 3Commas Capital, ArkGrow, AVID3, Cryptonauts, Nox Holdings, NxGen.xyz, SkyVision Capital (SVC), and Presto Labs.
This funding round will accelerate the development and deployment of the Zeko Protocol, a cross-chain zero-knowledge scaling protocol built on Mina and designed for the next generation of developers, shaping the future of finance, AI, gaming, and the internet.
Zeko Protocol, built in partnership with o1Labs and Mina Foundation, aims to transform the software development landscape by giving developers advanced zero-knowledge-proof capabilities. This will expand the design space for both EVM and non-EVM applications.
Zero-knowledge applications (zkApps) that support end-user privacy and recursive proof aggregation, are the foundation for a broad range of open, transparent, and decentralized financial or internet services, as well as gaming or AI use cases. And through a focus on scalability, data security, and interoperability, the Zeko Protocol will empower individuals worldwide with greater control over their assets and identity while minimizing barriers to entry for developers and enterprises.
The newly secured funding round will be utilized to expand the team, accelerate product development, grow the developer community, and foster strategic partnerships within both the blockchain and traditional software sectors.
KEY QUOTE:
“We are thrilled to announce the completion of our funding round, which marks a significant milestone in our journey to realize the vision of the Zeko Protocol. This support from our investors underscores their confidence in our team and the transformative potential of Zeko. With this funding, we are well-positioned to accelerate the development of the Zeko Protocol and to inspire more developers to push the boundaries of what is possible with blockchain technology.”
– Evan Kereiakes, CEO of Zeko Labs
