Privacy startup Ola raises $3 million in seed funding

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Ola experiments with a hybrid zk-rollup rollup called 'ZK-ZKVM' that aims to offer optional privacy in the crypto industry.

Web3.com Ventures and Foresight Ventures co-led the round, with additional participation from Token Metrics Ventures, LD Capital and Catcher VC.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Ola, a privacy-focused web3 startup, raised $3 million in seed funding.co-led the round. Additional support came from Token Metrics Ventures, LD Capital, Catcher VC and others.

"Our ultimate goal is to make privacy a fundamental right in the digital age, especially for web3 users," Ola CEO Ocean Chen said in a statement."With Ola's full-featured ZK-ZKVM, developers can harness the potential of privacy-centric applications that prioritize user control and data protection." Ola is currently not available to the public. It intends to launch a beta testnet in the third quarter and release a public testnet by the end of 2023.

© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

 

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