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.

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