04/06/2023
RAISE
IMAGE: Katie Haun & Cem Ozer
DATE:01/31/2023
COMPANY: Sovereign labs
INVESTOR:Haun ventures
ROUND:Seed
AMOUNT: $7,400,000
NOTE: Sovereign labs is a start up that raised $7.4 million in seed funding led by Haun ventures. The funding will be used to build an "open, interconnected rollup ecosystem"using software development kits(SDK) for secure and interoparable zero- knowledge roll-up ( ZK- rollups).The goal is to help scale block chain to a wider audience and make it easier for developers to use ZK technology across different blockchains. The funding will be used to build SDK and hire protocol engineers and researchers in the blockchain space.