Aligned Layer, backed by EigenLayer, has successfully raised $20 million to improve the efficiency and cost-effectiveness of ZK proofs on the Ethereum network through investors like Hack VC.
Aligned Layer has secured $20 million in Series A financing to create a verification layer to scale decentralized applications (dApps). The round was led by Hack VC and saw contributions from DAO5, Iterative Layer, Nomad Capital, among others.
Aligned Layer raised $2.6M in a funding round led by Lemniscap, with contributions from Paper Ventures, Bankless Ventures, and industry angels, to develop a faster, cheaper settlement layer for validity proofs on EigenLayer.