ZK development company Virtual Labs has completed a $1.2 million Pre-Seed round of financing, led by OP Crypto

ChainCatcher news, ZK development startup Virtual Labs announced the completion of a $1.2 million Pre-Seed funding round, led by OP Crypto, with participation from Byzantine Marine, Koyamaki Ventures, the NEAR Foundation, and several individual angel investors.

Virtual Labs' main research focus is on zero-knowledge ZK state channels, aiming to enhance the Web3 user experience by leveraging zero-knowledge technology to eliminate gas fees and cumbersome wallet interactions.