ZK Startup Lagrange Labs Secures $4M for Building Interoperable DeFi with Enhanced Security

Lagrange Labs, a startup specializing in zero-knowledge (ZK) systems, has secured $4 million in pre-seed funding to advance its ZK system, which enables secure interoperability across diverse blockchain networks.

The funding round was spearheaded by investment firm 1kx and featured contributions from Maven11, Lattice Fund, CMT Digital, and Daedalus Angels, as revealed in a recent email announcement on Thursday.

Lagrange’s innovative work has the potential to attract more users to decentralized finance (DeFi) by empowering developers to construct decentralized applications (dApps) that can function simultaneously across various blockchains. Additionally, this technology addresses the security concerns associated with information sharing across different chains, which often rely on intermediary protocols that are susceptible to hacks and vulnerabilities.

Ismael Hishon-Rezaizadeh, the founder of Lagrange, emphasized the limitations of these intermediaries in terms of the information they can transmit. He stated, “Modern DeFi applications require more sophisticated relationships between data on different blockchains, and we’re excited to see how our technology can unlock new multi-chain DeFi primitives.”

To bolster their team, Lagrange has appointed Charalampos Papamanthou, the co-director of Applied Cryptography at Yale University, as their chief scientist. This strategic addition reinforces the company’s expertise in the field and enhances its capacity to develop cutting-edge solutions.


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