Orochi Network Secures $12 Million Funding to Build the World’s First Verifiable Data Infrastructure, Poised to Disrupt the Oracle Market
February 20, 2025 — Pioneering crypto tech startup Orochi Network announced the successful completion of a new funding round, securing a total of $12 million. This funding includes seed round financing and additional grants. This substantial investment will propel Orochi's groundbreaking Verifiable Data Infrastructure (VDA) development, empowering data owners and establishing cryptographic data integrity and privacy in the Web3 ecosystem.
Orochi Network Secures $12 Million in Funding to Build Verifiable Data Infrastructure — Web3's "New Oil"
In today's digital era, data is often referred to as the "new oil," a valuable resource driving innovation across industries. However, the current Web3 landscape faces a critical challenge: ensuring the integrity and authenticity of this valuable data. Many existing solutions rely on centralized oracles, which introduce vulnerabilities and single points of failure. This reliance on third-party data that could be compromised undermines the trust and security needed for widespread Web3 adoption.
Orochi Network tackles these critical issues head-on, delivering a robust solution for data integrity, privacy, and scalability. Its innovative architecture, incorporating ZK-data-rollups, Verifiable Data Pipeline, hybrid aBFT consensus, and Merkel DAG, ensures:
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Provable Data Authenticity: Cryptographic primitives ensure data integrity through a "prove everything" approach, eliminating the need to trust third-party oracles.
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Enhanced Security: Verifiable computation further strengthens security by enabling transparent and auditable data flows.
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Seamless Interoperability: A proof-agnostic design facilitates easy integration across multiple ecosystems through zero-knowledge proofs and ZK-data-rollups.
For more information about zkDatabase, visit:https://www.zkdatabase.org/Orochi CEO Mary stated: “We are thrilled to secure this substantial funding, which validates our vision for data integrity and accessibility. This investment will enable us to scale our infrastructure, expand our market reach, and forge strategic partnerships, bringing the benefits of verifiable data to a broader audience.” The funding round saw participation from Presto Labs, Smape Capital, Anti Capital, Maxx Capital, Bolts Capital, AZA Ventures, and Connectico. The Ethereum Foundation, Mina Protocol, Web3 Foundation, and BNB Chain also provided financial support. This diverse coalition of investors and industry leaders recognizes Orochi’s transformative potential to revolutionize data integrity across numerous sectors. Bolts Capital commented: “We are excited to back Orochi in pushing the boundaries of Web3 innovation and support their efforts to scale decentralized applications and drive the future of trustless computing.”
Orochi Network: A Leading Force in Zero-Knowledge Technology Backed by Ethereum Foundation
Orochi Network is not just building but innovating. Backed by grants from the Ethereum Foundation, Mina Protocol, Web3 Foundation, and BNB Chain, Orochi is at the forefront of zero-knowledge (ZK) technology. Their solutions are blockchain and proof-system agnostic, ensuring seamless integration across multiple ecosystems. This commitment to interoperability is key to driving widespread adoption in sectors like IoT, DeFi, gaming, and AI. Orochi Network’s contributions extend beyond infrastructure. They are actively engaged in cutting-edge R&D, contributing to critical Ethereum standards (EIP-6366, EIP-6617) and pioneering projects like Orand, zkMemory, zkDatabase, and RAMenPaSTA (a parallel scalable transparent argument of knowledge for RAM programs). These efforts cement Orochi’s leadership in zero-knowledge technology, continuously pushing the boundaries of security and verifiable computation. For more information about Orochi Network, visit:https://orochi.network/
Orochi’s Thriving Ecosystem: Over 80 Partners and 2.25 Million Airdrop Participants
Orochi Network’s impact is reflected in its rapidly expanding ecosystem. Orochi has forged over 80 partnerships with leading ZKP entities, smart contract platforms, dApps, and companies like Nexus Labs, Mina Protocol, Lumia, Aligned Layer, 0G Foundation, and Base, fostering a collaborative environment for innovation.
Orochi’s airdrop arcade on Bybit Web3 saw unprecedented engagement in January, with over 2.25 million users participating, further demonstrating robust community involvement. This remarkable achievement underscores the growing excitement around the Orochi Network and positions it as a driving force for community-driven initiatives in the Web3 space. Steve Yu, Head of Business Development at Nexus, stated: “Partnering with Orochi has been both seamless and impactful for the Nexus ecosystem. Their advanced zkDatabase enhances scalability and efficiency, providing developers with high-performance execution capabilities. Beyond their stellar technology, working with the Orochi team has been a privilege — they are collaborative, forward-thinking, and deeply committed to innovation and execution.” ----------------------- Follow Orochi Network on social media:https://x.com/OrochiNetwork
About Orochi Network
Orochi Network’s Verifiable Data Infrastructure (VDA) is a significant step toward a more secure, scalable, and user-friendly Web3. It harnesses the power of advanced cryptographic techniques like ZKP, MPC, and FHE. The company has launched a suite of products designed to enhance blockchain functionality, privacy, and efficiency. The Verifiable Data Infrastructure (VIDIA) provides solutions to some of the most pressing challenges facing the decentralized future of the internet. As the Verifiable Data Infrastructure continues to evolve, it has the potential to redefine the rules of Web3, ushering in a new era of innovation and user adoption.