# Ingonyama

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ingonyama

- Industry: Hardware
- Headquarters: Petach Tikva, Israel
- Website: www.ingonyama.com/
- Total disclosed funding: $20M
- Latest round: Seed (Nov 9, 2023)
- Investors on record: 6

## About

Founded in 2021 and based in Israel, Ingonyama is a hardware development company that designs and offers Zero Knowledge Proof (ZKP) hardware that helps to identify and overcome computational bottlenecks in ZK Proofs. In November 2023, Ingonyama raised USD 20 million in seed funding led by investor Walden Catalyst, with participation from other new investors BlueYard Capital, Geometry Venture Development, Samsung NEXT Ventures, Sentinel Global and StarkWare Industries Ltd.

Ingonyama pioneers Zero Knowledge (ZK) hardware acceleration, offering top prover solutions for the Aleo Network, efficient Filecoin sealing operations with FPGA, and developer toolkits. Their ZPU™ development aims for a future where ZK is integrated into various devices. Hardware consulting services cover fast prototyping, open-source tools, and collaboration. The company's multifaceted approach addresses the demands of cryptographic engineering and acceleration in diverse applications.

## Funding rounds

- Seed, Nov 9, 2023, $20M — Walden Catalyst, BlueYard Capital, Samsung NEXT Ventures, Sentinel Global, StarkWare Industries Ltd., Geometry Venture Development

## Investors

- Walden Catalyst (https://capitalatlas.ai/funds/walden-catalyst) — Seed
- BlueYard Capital (https://capitalatlas.ai/funds/blueyard-capital) — Seed
- Samsung NEXT Ventures (https://capitalatlas.ai/funds/samsung-next-ventures) — Seed
- Sentinel Global (https://capitalatlas.ai/funds/sentinel-global) — Seed
- StarkWare Industries Ltd. — Seed
- Geometry Venture Development (https://capitalatlas.ai/funds/geometry-venture-development) — Seed