Aleo, a leading platform for building private blockchain-based applications, has raised USD200 million in a Series B funding round led by Kora Management and SoftBank Vision Fund 2.
Tiger Global, Sea Capital, Slow Ventures, Samsung Next, and Andreessen Horowitz (a16z), also participated culminating in a valuation of the company at USD1.45 billion.
Following the company’s USD28 million Series A, which was led by a16z in April of 2021, Aleo’s Series B represents the largest fundraising round ever in the zero-knowledge industry.
