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Kora Management and SoftBank Vision Fund 2 led a $200m Series B round in Aleo.

Synopsis

Kora Management and SoftBank Vision Fund 2 led a $200m Series B round in Aleo, a platform for building private blockchain-based applications, with participation from Tiger Global, Sea Capital, Slow Ventures, Samsung Next and Andreessen Horowitz. "Our goal at Aleo is to build the foundations for the next generation of decentralized web applications. We want to use technologies, such as zero-knowledge proofs and blockchains, to create an ecosystem for developers that enriches and empowers users’ capabilities on the web," Howard Wu, Aleo CEO and CTO.

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