Irreducible, a company dedicated to building the foundational infrastructure of the verifiable Internet, has successfully raised $24 million in a Series A funding round.
Paradigm and Bain Capital Crypto co-leading a round, with involvement from Fenbushi Capital, L2 Iterative Ventures, Robot Ventures, and other big-name angel investors including Anna Rose, Brendan Farmer, Daniel Lubarov, Sina Habibian, and Varun Srinivasan.
This funding round is a crucial milestone for Irreducible because it continues working on cryptographic proving solutions that shape the future of a fully verifiable Internet – where transactions, identities, and content are all cryptographically secured.
Building the Future of Cryptographic Proving:
Irreducible designs fast, efficient cryptographic proof systems that strengthen security and scalability in the digital world. Binius is a revolutionary proof system based on proprietary research into Towers of Binary Fields. Leveraging software and hardware co-design, Binius delivers unparalleled performance and promises to become the standard for protocol developers.
To really optimize performance, Irreducible has set up proprietary data centers specifically designed and powered with custom servers equipped with FPGA. This means high efficiency, reliability, and scalability in the operation of Binius, making it a particularly powerful proof system in existence. The company is already collaborating with key partners, like Risc Zero and Polygon, as it looks to enable more zkVM projects to power next generation blockchain applications.
Expanding the Team to Build a Verifiable Internet:
With this new funding, Irreducible is expanding its team with top-tier engineers, researchers, and product developers passionate about creating a trustless, verifiable digital ecosystem. The company is actively hiring and inviting innovative thinkers to join in building the next-generation Internet.
“We are excited to have the support of some of the most forward-thinking investors in the space,” said the Irreducible team. “This funding allows us to push the boundaries of cryptographic proving and establish a new paradigm for digital security and transparency.”
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