ZK-RaaS platform Lumoz completes strategic round of financing, with participation from IDG Blockchain and others

Lumoz, a modular computing layer ZK-RaaS platform, announced the completion of a new strategic round of financing. IDG Blockchain, Blockchain Coinvestors, Gate Ventures, Summer Capital, EVG, SevenUpDAO, Sweep Ventures and others participated, with the specific amount undisclosed. The new funds will be used for Lumoz team expansion, modular computing layer and ZK-RaaS platform construction, and technological innovation. Previously, in April of this year, Lumoz completed a Pre-A round of financing worth $6 million at a valuation of $120 million. Participating institutions included Hashkey Captial, OKX Venture, Kucoin Ventures, Polygon Cofounders, Comma3, Waterdrip, YBB, Kernel Ventures, D11-Labs, MH Ventures, Kronos Research, and others.