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Crypto Firm RISC Zero Secures $40M Funding Round Led by Blockchain Capital

RISC Zero, a startup that builds zero-knowledge (ZK) proof software, has raised $40 million in a Series A funding round led by the major crypto-focused investor Blockchain Capital. In its announcement of the closing of the funding round, RISC Zero said the fresh capital will be used to bring its Bonsai computing platform to the market. Bonsai is a platform that allows developers to focus on coding their application. Commenting on the raise, Brian Retford, CEO & co-founder of RISC Zero, said his team is honored to be supported by investors that want to help his firm create a “revolution in computing capability.”

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