What does Miden do?
Miden is a blockchain infrastructure startup that offers a zk-powered platform enabling developers to create high-throughput, private applications for payments, DeFi, digital assets, and gaming. The platform leverages Ethereum and AggLayer for enhanced security and is set to launch its mainnet in the fourth quarter of 2025.
How much did they raise?
The company raised $25M in a Seed round led by a16z Crypto, 1kx, and Hack VC, with participation from Finality Capital Partners, Symbolic Capital, P2 Ventures, Delta Fund, MH Ventures, and prominent angels like Rune Christensen and Sreeram Kannan.
What are their plans for the money?
Miden intends to use the funding to expand its operations and accelerate development efforts, which could significantly boost its ability to innovate and scale within the blockchain infrastructure space.
What have they achieved so far?
Spun out of Polygon Labs, Miden has already established a solid foundation in blockchain technology and is preparing for its mainnet launch later in 2025.
