# zkMe Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/zkme-technology

- Industry: Software
- Headquarters: Kowloon Bay, Hong Kong SAR - China
- Website: www.zk.me
- Total disclosed funding: $4M
- Latest round: Seed (Aug 20, 2024)
- Investors on record: 3

## About

Established in 2022 by CEO David Alexander and based in Kowloon, Hong Kong, zkMe Technology Limited provides zk-Identity Layer for filtering and user credential verification through Identity Oracles. These oracles enable the verification of credentials without disclosing personal data, enhancing user privacy and compliance with regulatory standards. In August 2024, zkMe Technology Limited raised USD 4 million in seed funding led by new investor Multicoin Capital, with participation from other new investors OKX Ventures and Robot Ventures.

The company's flagship product, zkMe Compliance Suite, offers a range of solutions designed to streamline regulatory compliance while preserving user privacy. The zkMe Compliance Suite includes features, such as ultimate data protection through decentralized storage and threshold cryptography to ensure that no PII is retained or exposed. The firm provides Sybil protection by decomposing credentials into elementary zero-knowledge proofs, preventing bot-related issues, and maintaining user anonymity. Additionally, the suite facilitates KYC (Know Your Customer) compliance by allowing auditable verifications without unnecessary data sharing. The company also offers zkMe Identity Wallet, which allows users to store, manage, and control their digital credentials without relying on centralized storage systems. This design minimizes the risk of data leaks. Instead, the app uses zero-knowledge proofs to enable users to share only necessary information, such as age eligibility, without revealing the actual data.

The company will use the August 2024 funding to support the development of its proprietary appchain zkMe Network.

## Funding rounds

- Seed, Aug 20, 2024, $4M — Multicoin Capital, Robot Ventures, OKX Ventures

## Investors

- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Seed
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed
- OKX Ventures (https://capitalatlas.ai/funds/okx-ventures) — Seed