RISC Zero raises $40m in Series A to bring its leading Zero-Knowledge technology to Web3 & Enterprise

RISC Zero, developer of leading general purpose zero-knowledge (ZK) virtual machine technology, has raised a $40 million Series A. The round was led by Blockchain Capital and joined by seed round lead Bain Capital Crypto, with participation from other notable investors including Galaxy Digital, IOSG, RockawayX, Maven 11, Fenbushi Capital, Delphi Digital, Aglaé Ventures, IOBC, Tribute Labs' Zero Dao, Figment Capital, and Alchemy Ventures.