ChainCatcher news, according to The Block, ZKP infrastructure startup Irreducible (formerly Ulvetanna) has completed a $24 million Series A funding round, led jointly by Paradigm and Bain Capital Crypto, with participation from Fenbushi Capital, L2 Iterative Ventures, and Robot Ventures.Radisav Cojbasic, co-founder and CEO of Irreducible, stated that Irreducible began fundraising last August, finalized the lead investors in September, and completed the funding last month. The latest Series A funding structure is equity financing, but he declined to comment on the post-investment valuation.

ChainCatcher news, according to techinasia, the crypto trading platform Variational has completed a $10.3 million seed round financing, led jointly by Bain Capital Crypto and Peak XV Partners, with participation from Coinbase Ventures and Dragonfly Capital.Additionally, the Web3 asset data platform RootData shows that Variational was founded in 2021 and is headquartered in George Town, Cayman Islands, specializing in customizable crypto derivatives for peer-to-peer trading, providing services for both retail and institutional traders through its trading infrastructure.

ChainCatcher news, the Celestia Foundation has announced the completion of a $100 million financing round, led by Bain Capital Crypto, with participation from Syncracy Capital, 1kx, Robot Ventures, Placeholder, and others. This brings the total amount raised by the project to $155 million.The Celestia Mainnet Beta launched in October 2023, providing a dedicated modular consensus and data network. Since its launch, an early ecosystem has formed, with developers deploying the first 20 rollup chains, and Celestia data blobs recently accounted for more than half of the total data released by rollups.It is reported that the core developer community of Celestia recently announced its technical roadmap, with the main goal being: to scale to 1 GB blocks, significantly increasing data throughput for Celestia's rollup ecosystem.

ChainCatcher news, according to The Block, Web3 game studio Curio has completed a $5.7 million seed funding round, led by Bain Capital Crypto and SevenX Ventures, with participation from OKX Ventures. This round brings Curio's total funding to $8.7 million.Curio focuses on building composable infrastructure for on-chain games and plans to use the funds to expand its core team and develop a social strategy game called Duper.

ChainCatcher news, according to The Block, the Ethereum network DEX aggregation platform Flood has completed a $5.2 million seed round financing, led by Bain Capital Crypto and Archetype, with participation from Robot Ventures. Francesco, co-founder and CEO of Flood, stated that the financing round ended in the summer of 2023, structured as equity financing with token warrants, but declined to comment on the valuation.

ChainCatcher news, DeFi risk management firm Gauntlet founder Tarun Chitra's new startup Aera has announced the completion of an $8 million funding round, led by Bain Capital Crypto with participation from Jump Trading.It is reported that Aera is an autonomous, data-driven fund management protocol designed to help decentralized autonomous organizations (DAOs) manage their finances. Chitra stated that Aera's goal is to enable DAOs to respond quickly to market changes while not sacrificing the principles of decentralization, providing them with crowdsourced portfolio management advice.

ChainCatcher news, the Ethereum ecosystem anonymous account protocol Nocturne Labs has completed a $6 million seed round financing, led by Bain Capital Crypto and Polychain Capital, with participation from Ethereum co-founder Vitalik Buterin, Bankless Ventures, Hack VC, Robot Ventures, and others.It is reported that Nocturne was established in the United States last year and is building a protocol aimed at allowing users to conduct anonymous transactions within the Ethereum ecosystem, with a launch expected on the Ethereum mainnet next month.

ChainCatcher news, Ethereum scaling project Scroll announces the completion of a $50 million financing round, with investors including Polychain Capital, Sequoia China, Bain Capital Crypto, Moore Capital Management, Variant Fund, Newman Capital, IOSG Ventures, OKX Ventures, and Qiming Venture Partners.According to insiders, this round of financing values Scroll at $1.8 billion. Additionally, data from the crypto data platform RootData shows that Scroll previously raised $33 million in two financing rounds, with past investors including Polychain Capital and Bain Capital Crypto. The new round of financing brings Scroll's total funding to $83 million to date. (Source link)

ChainCatcher news, blockchain game developer Curio announced the completion of a $2.9 million seed round financing, led by Bain Capital Crypto, with participation from TCG Crypto, Formless Capital, Smrti Lab, Robot Ventures, and several angel investors. The funds will primarily be used to expand the team, focusing on hiring blockchain engineers, microeconomists, game designers, and customer engineers.Curio will also seek to hire an art director and a community manager. Curio was founded in 2022 by engineers and gamers Kevin Zhang and Yijia Chen, and its on-chain games are entirely driven by smart contracts. This enables a new way of multiplayer computation, allowing all participants to contribute to a "shared universe," which the founders say allows the game to be almost entirely created by players. The company's first game, Treaty, is an on-chain strategy game where users can write and deploy smart contracts. (Source link)

ChainCatcher news, the blockchain interoperability protocol Orb Labs announced the completion of a $4.5 million funding round, led by Bain Capital Crypto, with participation from Shima Capital, 6th Man Ventures, Aves Lair, Newman Capital, Modular Capital, and SevenX Ventures.Orb Labs plans to launch the cross-chain messaging protocol Earlybird, allowing developers to choose the most effective security model for their applications based on factors such as use case, cost, and speed. Orb Labs is also developing another product, MagicLane, which is an efficient, secure, and composable full-chain token and messaging platform built on Earlybird, providing developers with a shared security model that allows easy use of Earlybird without the need for complex security configurations. (source link)

ChainCatcher news, zero-knowledge proof (ZKP) hardware company Ulvetanna has completed a $15 million seed round financing at a valuation of $55 million, led by Bain Capital Crypto and Paradigm, with participation from Jump Crypto. This round of equity financing ended last June.It is reported that Ulvetanna is building hardware aimed at accelerating the ZKP generation process, which is a cryptographic authentication method that proves specific information without revealing the content of the information. In the field of cryptography, this technology has traditionally been used for scaling solutions in blockchain networks, especially Ethereum. (TheBlock)

ChainCatcher news, according to The Block, the privacy multi-signature protocol Nucleo has completed a $4 million seed round financing, led by Bain Capital Crypto and 6th Man Ventures.It is reported that Nucleo aims to create a private multi-signature solution for organizations to conduct transactions on the Ethereum blockchain through zero-knowledge cryptography. In August, Nucleo began internal testing on the ZK Rollup-based privacy and scalability solution Aztec Network, utilizing multi-signature and zero-knowledge cryptography technology to allow users to conduct private transactions, private DeFi, private fundraising, and other operations through viewing keys. (source link)

ChainCatcher news, encrypted user authentication company Notebook Labs announced the completion of a $3.3 million seed round financing, led by Bain Capital Crypto, with participation from Y Combinator, Soma Capital, Abstract Ventures, Pioneer Fund, and NFX.Notebook utilizes zero-knowledge proof technology to provide users with privacy and anonymity services to prevent hacker attacks, including witch attacks. The team will continue to develop its product suite over the coming months, including credit scoring and cross-chain functionality, with related products set to launch in 2023. (source link)

ChainCatcher news, the modular blockchain network Celestia has completed a $55 million financing round, led by Bain Capital Crypto and Polychain Capital, with participation from Placeholder, Galaxy, Delphi Digital, Blockchain Capital, NFX, Protocol Labs, Figment, Maven 11, Spartan Group, FTX Ventures, Jump Crypto, IOSG Ventures, A&T Capital, and several angel investors, including Balaji Srinivasan, Eric Wall, and Jutta Steiner.According to reports, Celestia introduces a modular blockchain architecture to address the challenges of deploying and scaling blockchains. Modular blockchain projects such as Eclipse, Constellation, and dYmension have chosen Celestia as their data availability layer. Celestia launched its testnet Mamaki in May this year, which introduced a new data availability API that unlocks a powerful and simple primitive for building blockchains: ordered and available data. The upgrade plan for Mamaki is scheduled for late October 2022. (source link)

Chain Catcher news, MEV infrastructure provider Skip on Cosmos has completed a $6.5 million seed round financing, led by Bain Capital Crypto, with participation from Galaxy Digital, Robot Ventures, and Jump Crypto.Skip was founded in 2022 by Barry Plunkett and Maghnus Mareneck. The Skip Protocol aims to build on-chain and off-chain MEV infrastructure to help users, stakers, and validators share MEV profits, enabling seekers to execute more complex and profitable strategies. (Source link)