Web3 infrastructure company Succinct completes US$55 million in financing, led by Paradigm

BlockBeats news, on March 22, according to official news, Web3 infrastructure company Succinct completed US$55 million in financing, led by Paradigm. Participating investors include Robot Ventures, Bankless Ventures, Geometry, ZK Validator, and angel investors including Sreeram Kannan from Eigenlayer, Sandeep Nailwal and Daniel Lubarov from Polygon, and Elad Gil.

Succinct’s Prover Network and SP1 enable universal ZK to be high-performance and easy to deploy without complex infrastructure.