Nexus Labs Raises $25M Series A Round Led by Lightspeed Venture Partners and Pantera Capital

Jun 11, 2024

Nexus Laboratories, a Web3 startup building zero-knowledge-powered scaling and privacy tools to support artificial intelligence (AI), cybersecurity, cloud computing, and other privacy-enhancing technologies has completed a $25 million Series A round led by Lightspeed Venture Partners and Pantera Capital. 

The fundraising also attracted participation from Dragonfly Capital, Faction Ventures, and Blockchain Builders Fund.

This fundraising brings the total raised to $27.2 million, following a $2.2 million seed round announced in 2022, which was led by Dragonfly and attracted participation from Alliance, SV Angel, and Blockchain Builders Fund.

This article is for informational purposes only. It is not offered or intended to be used as investment or other advice.

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