Paradigm and Bain Capital Crypto led a $24m Series A round in Irreducible.

Paradigm and Bain Capital Crypto, crypto-focused investment firms, led a $24m Series A round in Irreducible, a crypto infrastructure startup focused on zero-knowledge proofs (ZKPs), with participation from Fenbushi Capital, L2 Iterative Ventures, Robot Ventures, and angel investors, Anna Rose, Sina Habibian, Varun Srinivasan, Brendan Farmer and Daniel Lubarov. "Drawing inspiration from the high-frequency trading (HFT) industry — where hardware advantages are crucial in competitive environments — we set out to create a high-performance, cost-efficient proof generation infrastructure. To achieve this, we built an on-premises server cluster and embraced a software-hardware co-design approach as our core technological paradigm," Radisav Cojbasic, Irreducible CEO.