# Ryodan Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ryodan-systems

- Industry: Software
- Headquarters: Lucerne, Switzerland
- Website: www.ryodan.systems
- Total disclosed funding: $4.9M
- Latest round: Seed (Apr 13, 2023)
- Investors on record: 23

## About

Founded in 2021 and based in Lucerne, Switzerland, Ryodan Systems AG operates as a developer of a cloud-based zero-knowledge platform, which is an off-chain protocol that publishes transaction data on Ethereum and produces validity proofs. As of 2023, Leo Hioki serves as the CEO of the company. In April 2023, Ryodan Systems AG raised JPY 650 million in seed funding from Alchemy Ventures and AntAlpha, including B Dash Ventures, Ryuichi Nishida, Big Candle Capital, BitScale Capital, BreakOrbit Ventures, Cryptomeria Capital, DoraHacks, and other investors.

The company offers services including Intmax, which is the L2 of ZK-Rollup to enable both hyper-scaling and real security, and zkcloud, a zero-knowledge brand. The firm provides software solutions to help businesses streamline operations and increase efficiency.

The organization plans to use the April 2023 funding to further develop its product.

## Funding rounds

- Seed, Apr 13, 2023, $4.9M — B Dash Ventures, East Ventures, Alchemy Ventures, Pragma Ventures, DoraHacks, HG Ventures, HashKey Capital, Scroll Corporation., SNZ Capital, BitScale Capital, Mask Network, AntAlpha, Cryptomeria Capital, Stacker Ventures, Meteorite Labs, MZ Web3 Fund, Hyperithm, Wagmi Ventures, Tane Labs FZCO, Zephyrus Capital, TRGC, Big Candle Capital, BreakOrbit

## Investors

- B Dash Ventures (https://capitalatlas.ai/funds/b-dash-ventures) — Seed
- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed
- Alchemy Ventures — Seed
- Pragma Ventures (https://capitalatlas.ai/funds/pragma-ventures) — Seed
- DoraHacks — Seed
- HG Ventures (https://capitalatlas.ai/funds/hg-ventures) — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed
- Scroll Corporation. — Seed
- SNZ Capital (https://capitalatlas.ai/funds/snz-capital) — Seed
- BitScale Capital — Seed
- Mask Network — Seed
- AntAlpha (https://capitalatlas.ai/funds/antalpha) — Seed
- Cryptomeria Capital (https://capitalatlas.ai/funds/cryptomeria-capital) — Seed
- Stacker Ventures — Seed
- Meteorite Labs — Seed
- MZ Web3 Fund (https://capitalatlas.ai/funds/mz-web3-fund) — Seed
- Hyperithm — Seed
- Wagmi Ventures (https://capitalatlas.ai/funds/wagmi-ventures) — Seed
- Tane Labs FZCO — Seed
- Zephyrus Capital (https://capitalatlas.ai/funds/zephyrus-capital) — Seed
- TRGC (https://capitalatlas.ai/funds/trgc) — Seed
- Big Candle Capital (https://capitalatlas.ai/funds/big-candle-capital) — Seed
- BreakOrbit (https://capitalatlas.ai/funds/breakorbit) — Seed