ZK hardware startup Cysic has completed a $12 million pre-A round of financing, led by HashKey Capital and OKX Ventures.

according to CoinDesk, zero-knowledge (ZK) hardware startup Cysic announced the completion of a $12 million pre-A round of financing, led by HashKey Capital and OKX Ventures. The new funds will be used to accelerate the generation of ZK proofs in a faster, more cost-effective, user-friendly, and decentralized manner.

According to Web3 asset data platform RootData, Cysic completed a $6 million seed round financing last February, led by Polychain Capital, with participation from investors such as Hashkey, SNZ Holding, A&T Capital, ABCDE, and Web3.com Ventures.