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Based on AI-based encryption company Giza completed a $3 million Pre-Seed round of financing, led by CoinFund, with participation from StarkWare.
2023-07-11 14:26
Odaily News: AI-based encryption project Giza has completed a $3 million Pre-Seed funding round, led by CoinFund with participation from StarkWare, TA Ventures, and Arrington Capital. Giza CEO Fran Algaba declined to comment on the implied valuation of the company.



According to reports, the company was founded in October last year by Cem Dagdelen, Fran Algaba, and Renç Korzay. It aims to integrate artificial intelligence into the blockchain field and attempt to combine zero-knowledge proof technology with AI to achieve blockchain transaction verification with less computing power.



With the injection of new funds, Giza is expected to release its infrastructure next week and fully launch the platform by 2023. (Fortune)