Web3 startup Nexus Labs has completed a $25 million Series A funding round, led by Pantera Capital and others

ChainCatcher news, according to NFTGATORS, the Web3 startup Nexus Labs has completed a $25 million Series A funding round, led by Lightspeed Venture Partners and Pantera Capital, with participation from Dragonfly Capital, Faction Ventures, and Blockchain Builders Fund. Nexus plans to use the new funds to expand its team and develop more products.

It is reported that Nexus Labs is dedicated to building zero-knowledge privacy tools to support technologies such as artificial intelligence, cybersecurity, and cloud computing.