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Hyper Oracle Closes $3M Pre-Seed Round Led by dao5 and Sequoia China Seed Fund

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Hyper Oracle recently closed a $3M pre-seed round led by dao5 and Sequoia China Seed Fund. This round is also joined by Foresight Ventures, FutureMoney Group and other institutions and angel investors.

The funding will be used for development of zkMiddleware protocols and the zkOracle network, as well as cutting-edge research on zero-knowledge proof technologies.

Hyper Oracle is building zkMiddleware protocols of zkIndexing and zkAutomation, to provide end-to-end trustless, and decentralized infrastructure for Web3 dApps.

Hyper Oracle recently published research on zkPoS, and released the first open-source implementation of Halo2 BLS12–381 Pairing library as the core component of zkPoS.

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