Using cryptographic innovation (zk-SNARKS), Matter Labs relies on pure math instead of collectively trusted validators, bridges, or watchers to remove issues like slow transaction times, high gas fees, and reverted transactions and allow Ethereum to finally scale in a fully trustless manner.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 11/08/21 | $50,000,000 | Series B |
1kx Andreessen Horowitz Dragonfly Placeholder | undisclosed |
