Brevis: Leading a New Wave in Verifiable Computing with $7.5M Seed Round
Brevis, a trailblazing verifiable computing platform, has raised $7.5 million in seed funding, backed by industry leaders like Polychain Capital and Binance Labs. This funding aims to advance Brevis’s technology that enables seamless, trust-free, and affordable off-chain computation, enhancing the scalability of blockchain networks without fragmenting liquidity or states.
The funding round attracted major players, including IOSG, Nomad Capital, Bankless Ventures, and Hashkey, along with angel investors. With Brevis’s groundbreaking ZK Coprocessor, blockchain applications can offload computationally expensive tasks to a low-cost off-chain environment while retaining on-chain verification through Zero-Knowledge Proofs (ZK Proofs).
What Brevis Brings to the Table
Brevis addresses a core challenge in blockchain: how to efficiently handle data-heavy computations that exceed the capacity of traditional smart contracts. By generating verifiable ZK Proofs off-chain, Brevis enables developers to process complex computations without compromising security or decentralization.
Brevis’s SDK opens doors for developers to create data-driven, computationally intensive dApps without needing deep expertise in cryptographic algorithms. It empowers decentralized applications across DeFi, GameFi, and beyond to deliver robust features like real-time incentives, decentralized blockspace marketplaces, and adaptive user experiences.
A New Era of Blockchain Functionality
In conjunction with the seed funding, Brevis has launched partnerships with notable protocols, including Kwenta, JoJo Exchange, and Trusta, many of whom have already implemented Brevis-powered solutions on mainnet. Future integrations with top platforms like PancakeSwap, Quickswap, and Algebra promise to expand the ecosystem’s capabilities.
Brevis is also one of the first adopters of EigenLayer’s AVS model, offering an innovative propose-challenge coprocessing architecture that slashes ZK computation costs.
Visionary Support from Key Investors
For Polychain’s Olaf Carlson-Wee, Brevis represents a leap forward in scalable and verifiable blockchain computation. “Brevis is revolutionizing what’s possible for blockchain by creating a scalable, trust-free infrastructure for complex computations,” he said. Binance Labs’ Andy Chang echoed this sentiment, recognizing Brevis’s potential to onboard new users and expand blockchain’s reach.
Brevis’s co-founder Michael Tung believes that Web3’s future lies in a hybrid “glue-and-coprocessor” model, where blockchains act as the foundational layer while offloading heavy computation to off-chain networks like Brevis.
Expanding the Vision with New Funding
With its recent funding, Brevis aims to expand its R&D team, advance its prover network, and accelerate the adoption of the ZK Data Coprocessor.
As blockchain technology continues to push boundaries, Brevis stands at the forefront, offering scalable solutions that make verifiable computing accessible to a wider array of developers and users. This funding propels Brevis towards making decentralized applications more sophisticated, scalable, and accessible for the Web3 community.
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