TLDR:
- Zeko Labs, a blockchain company based in San Francisco, has raised $3M in funding.
- The funding round was led by UOB Venture Management, Signum Capital, and YBB Capital.
Zeko Labs is focused on developing decentralized finance and software solutions powered by zero-knowledge technology. The company plans to use the funds to expand the team, accelerate product development, grow the developer community, and foster strategic partnerships within both the blockchain and traditional software sectors.
CEO Evan Kereiakes stated that the completion of the funding round is a significant milestone for Zeko Labs and highlights the transformative potential of their technology. The company aims to push the boundaries of blockchain technology with the development of the Zeko Protocol, which empowers individuals worldwide with control over their assets and identity.
Zeko Labs’ zero-knowledge applications (zkApps) support end user privacy and recursive proof aggregation, laying the foundation for a wide range of transparent and decentralized financial, internet services, gaming, and AI use-cases. By focusing on scalability, data security, and interoperability, the company aims to minimize barriers to entry for developers and enterprises.
