Ingonyama, a company specializing in semiconductor solutions for Zero Knowledge (ZK) technology, has announced the successful completion of its first round of funding. In a significant stride, they have raised a total of $20 million, led by Walden Catalyst, alongside a consortium of prominent names: Geometry, BlueYard Capital, Samsung Next, Sentinel Global, and StarkWare.
In the tech realm, Ingonyama is being hailed as a pivotal component in the infrastructure of ZK-based blockchains. The company’s objective is to popularize Zero Knowledge Processing units (ZPU™), thereby reducing the entry barriers to ZK technology.
At present, Ingonyama boasts two main products:
1. ICICLE: An open-source library geared for ZK acceleration, utilizing CUDA-enabled GPUs. It stands as a crucial tool for ZK developers and researchers focused on advancing Zero Knowledge Proofs through GPU technology.
2. Blaze: A Rust library for ZK acceleration on FPGAs, offering access to critical primitives like MSM, NTT, and Poseidon hash. This simplifies FPGA integration for high-performance, developer-friendly ZK applications.
These products are anticipated to offer substantial benefits to the ZK community by bolstering the processing capabilities of open-source blockchains and reducing operational costs. Several major ZK projects, including Aleo, Scroll, Starknet, and Polygon zkEVM, have established positive affiliations and close relationships with Ingonyama.
The future for ZK technology appears promising, and Ingonyama is poised for a bright future ahead, catering to the expanding landscape of ZK applications.