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Succinct

Succinct is a performant, open-source zero-knowledge virtual machine (zkVM) that verifies the execution of arbitrary Rust (or any LLVM-compiled language) programs.

Series A Round: $55M

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Overview

Project industryBlockchain Infrastructure / IT & Software / Ethereum Ecosystem / Layer-2 / EVM
Product typePlatform
FoundedUnited States
WhitepaperSuccinct White Paper Open

What is Succinct

Succinct provides a performant, general-purpose zkVM that enables any developer to use ZKPs by writing normal code (in Rust), and get cheap and fast proofs. Succinct will enable ZKPs to become mainstream, introducing a new era of verifiability for all of blockchain infrastructure and beyond.

ZKPs enable a diversity of use-cases in blockchain and beyond, including:

  • Rollups: Use Succinct to generate a ZKP for the state transition function of your rollup and connect to Ethereum, Bitcoin or other chains with full validity proofs or ZK fraud proofs.
  • Interoperability: Use Succinct for fast-finality, cross rollup interoperability
  • Bridges: Use Succinct to generate a ZKP for verifying consensus of L1s, including Tendermint, Ethereum’s Light Client protocol and more, for bridging between chains.
  • Oracles: Use Succinct for large scale computations with onchain state, including consensus data and storage data.
  • Aggregation: Use Succinct to aggregate and verify other ZKPs for reduced onchain verification costs.
  • Privacy: Use Succinct for onchain privacy, including private transactions and private state.

Details

Raised: 55,000,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: United States
Registration year: 2022
Office address: 555 Montgomery Street Suite 811 San Francisco, CA 94111 United States

Project team

Uma Roy
Uma Roy
Co-Founder and CEO
Uma Roy linkedin
John Guibas
John Guibas
Co-Founder
John Guibas linkedin
Ratan Kaliani
Ratan Kaliani
Founding Engineer
Ratan Kaliani linkedin
Eli Yang
Eli Yang
Head of Operations
Eli Yang linkedin
Chris T.
Chris T.
Founding Engineer
Chris T. linkedin
Uma Dayal
Uma Dayal
Cryptography Engineer
Uma Dayal linkedin
Yuwen Zhang
Yuwen Zhang
Software Engineer
Yuwen Zhang linkedin
Conner Swann
Conner Swann
Infrastructure
Conner Swann linkedin
Tamir Hemo
Tamir Hemo
Founding Engineer
Tamir Hemo linkedin
Hidenori Shinohara
Hidenori Shinohara
Software Engineer
Hidenori Shinohara linkedin
Gyumin R.
Gyumin R.
Cryptography Engineer
Gyumin R. linkedin
Eugene Rabinovich
Eugene Rabinovich
Cryptography Engineer
Eugene Rabinovich linkedin
Dan Hennessy
Dan Hennessy
Head of Marketing (Creative)
Dan Hennessy linkedin
Ernesto Ramirez
Ernesto Ramirez
Senior Software Engineer
Ernesto Ramirez linkedin
Matt Stam
Matt Stam
Founding Engineer
Matt Stam linkedin
Edward Li
Edward Li
Growth & BD Lead
Edward Li linkedin
Kevin Jue
Kevin Jue
Founding Engineer
Kevin Jue linkedin
Taehoon Kim
Taehoon Kim
Software Engineer
Taehoon Kim linkedin

Social media

Succinct web-siteSuccinct MediumSuccinct LinkedInSuccinct X (Twitter)Succinct DiscordSuccinct Github

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