Modular Computing Layer

The modular computing layer Lumoz has completed a new round of strategic financing and will open decentralized node registration

ChainCatcher news, the modular computing layer & ZK-RaaS platform Lumoz has announced the completion of a new round of strategic financing, with participation from IDG Blockchain, Blockchain Coinvestors, Gate Ventures, Summer Capital, EVG, 7upDAO, Sweep Ventures, among others. The specific amount has not been disclosed. The new funds will continue to be used for the expansion of the Lumoz team, the construction of the modular computing layer, and technological innovation of the ZK-RaaS platform.According to reports, Lumoz's ZK-PoW algorithm effectively combines miners' computing resources with various Rollups, thereby meeting the demand for providing distributed computing power for various ZK-Rollups and generating ZKP. Recently, Lumoz announced support for Op Stack + ZK Fraud Proof, followed by the launch of zkProver and zkVerifier based on EigenLayer. Its latest roadmap shows that Lumoz will release a brand new AI + PoW Chain, multiple ETH L2s, Layer3, and BTC L2, while also opening decentralized node registration globally to ensure network security after the mainnet launch.According to the RootData page, in March this year, Lumoz completed a Pre-A round of financing with a valuation of 120 million USD, with participating institutions including Hashkey Capital, OKX Venture, Kucoin Ventures, Polygon Cofounders, Comma3, Waterdrip, YBB, Kernel Ventures, D11-Labs, MH Ventures, Kronos Research, and others.
ChainCatcher Building the Web3 world with innovators