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Privacy-Focused Web3 Startup Ola Raises $3 Million in Seed Funding for Zero Knowledge Rollup Experimentation

July 4 (Cointime) - Privacy-focused web3 startup Ola has secured $3 million in seed funding from Web3.com Ventures, Foresight Ventures, Token Metrics Ventures, LD Capital, Catcher VC, and others.

Ola's hybrid zero knowledge rollup, called "ZK-ZKVM," aims to provide optional privacy in the crypto industry with the ultimate goal of making privacy a fundamental right for web3 users.

Ola plans to launch a beta testnet in Q3 and a public testnet by the end of 2023, allowing developers to create privacy-centric applications that prioritize user control and data protection.

seed funding Privacy Testnet
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