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To bring Web3 applications like decentralized finance, NFTs, and DAOs to the mainstream by making them cheaper, scalable, and more private for users.
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As the popularity of Web 3.0 surges, companies are keen to provide the infrastructure that will support the acceleration of its adoption. Espresso Systems provides both scalability and privacy to decentralized applications, facilitating their transition into the mainstream.
The Espresso Sequencer supports the decentralization of layer-2 rollups in the Ethereum ecosystem and beyond. Its Configurable Asset Privacy (CAP) protocol allows developers to determine what transactional data remains private and for whom, bringing deeper privacy that should appeal to more cautious blockchain-interested parties.
Having secured impressive funding in 2024, Espresso Systems will be able to grow its team towards accelerating the research and building of its products, continuing to lay the foundation for broader Web 3.0 adoption. The company partnered with Ethereum-based scaling zkSync in 2023, to facilitate the execution of private transactions on the ZkSync network.
Kirsty
Company Specialist at Welcome to the Jungle
Feb 2024
$28m
SERIES B
Mar 2022
$32m
EARLY VC
This company has top investors
Ben Fisch
(Co-Founder & CEO)Assistant Professor at Yale. PhD Student in Computer Science at Stanford. Advisor at Protocol Labs and at Chia Project.
Charles Lu
(Co-Founder)PhD Student in Computer Science at Stanford. Worked at Binance Labs.
Software Engineering
Product