# RISC Zero

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/risc-zero

- Industry: Internet
- Headquarters: Seattle, US
- Website: www.risczero.com
- Total disclosed funding: $54M
- Latest round: Series A (Jun 2, 2023)
- Investors on record: 13

## About

In 2020, the company was co-founded by Frank Laub, a software engineer, and other ML (machine learning) veterans including CSO Jeremy Bruestle, who are both co-founder of another tech company Vertex.AI, which later was acquired by Intel. In July 2023, RISC Zero, Inc. raised USD 40 million in series A funding led by new investor Blockchain Capital, with participation from other new investors Alchemy Ventures, Algaé Ventures, Delphi Digital, Fenbushi Capital, Galaxy, IOBC Capital, IOSG Ventures, Maven11 Capital, Rockaway, and Zero Dao. Returning investor Bain Capital and other unspecified investors also participated in the round. In the same year, the company launched its first open-source product, a virtual machine that allows developers to build zk proofs that can be executed on any computer using traditional or blockchain-focused programming languages. The company runs an open-source coding platform called RISC Zero, which allows users to create a project using the language coders prefer. RISC Zero also launches a computer called ZKVM, which can work like a real embedded RISC-V microprocessor, enabling programmers to write ZK proofs like coders write other code.

## Funding rounds

- Series A, Jun 2, 2023, $54M — Bain Capital, Rockaway, Blockchain Capital, Fenbushi Capital, Alchemy Ventures, Galaxy Asset Management, Delphi Digital, Maven11 Capital, IOSG Ventures, Figment Capital, IOBC Capital, Algaé Ventures, Zero Dao

## Investors

- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A
- Rockaway (https://capitalatlas.ai/funds/rockaway) — Series A
- Blockchain Capital (https://capitalatlas.ai/funds/blockchain-capital) — Series A
- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Series A
- Alchemy Ventures — Series A
- Galaxy Asset Management (https://capitalatlas.ai/funds/galaxy-asset-management) — Series A
- Delphi Digital — Series A
- Maven11 Capital (https://capitalatlas.ai/funds/maven11-capital) — Series A
- IOSG Ventures (https://capitalatlas.ai/funds/iosg-ventures) — Series A
- Figment Capital (https://capitalatlas.ai/funds/figment-capital) — Series A
- IOBC Capital (https://capitalatlas.ai/funds/iobc-capital) — Series A
- Algaé Ventures — Series A
- Zero Dao — Series A