Announced
Completed
Financials
Tags
Acquisition
financial software
FinTech
Private
Cross Border
Cayman Islands
Minority
Completed
Friendly
Private Equity
Venture Capital
Synopsis
Blockchain Capital, a venture capital and private equity firm, and Dragonfly, a venture capital firm, led a $200m Series C funding round in Matter Labs, a developer of scaling decentralized application, with participation from LightSpeed Venture Partners, Variant and Andreessen Horowitz. Matter Labs is known for its work on zkSync, an Ethereum scaling solution that drastically reduces the cost of Ethereum transactions. The company will be able to iterate on zkSync for a while.
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