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Bain Capital and Paradigm led a $15m funding round in Ulvetanna.

Synopsis

Bain Capital Crypto, a private investment firm, and Paradigm, an investment firm focused on supporting the crypto/Web3 companies and protocols, led a $15m funding round in Ulvetanna, a zero-knowledge-proof hardware firm. "Web3 infrastructure is the first innovative tech in recent history that requires hardware acceleration on day one. We consider ourselves web3 compute infrastructure enablers and we believe that mass adoption will be achieved with our custom web3-friendly ZKP compute platform," Radisav Cojbasic, Ulvetanna Founder and CEO.

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