
zkSync / Matter Labs
A scaling and privacy engine for Ethereum

Details
zkSync is a Layer-2 scaling solution that preserves the security properties of the underlying blockchain by leveraging the latest generation of succinct zero-knowledge proofs. All funds in zkSync are held in a smart contract on the mainchain, while computation and storage are performed off-chain. For each Rollup block, a state transition zero-knowledge proof (SNARK) is generated and verified by the mainchain contract. This SNARK includes the proof of the validity of every transaction in the Rollup block.
Significant Events
2022-11-16
zkSync / Matter Labs raised $ 200 M in Series C round
2021-11-08
zkSync / Matter Labs raised $ 50 M in Series B round
2021-03-01
zkSync / Matter Labs raised $ 6 M in Series A round
2019-09-29
zkSync / Matter Labs raised $ 2 M in Seed round
Fundraising
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