Andreessen Horowitz leads $28M Aleo raise

Cointelegraph

Published Apr 20, 2021 02:10PM ET

Updated Apr 20, 2021 03:40PM ET

Aleo, a privacy-focused blockchain, has secured $28 million in investments to bring its zero-knowledge applications to a wider market.

California-based venture capital firm Andreessen Horowitz led the private investment round. Notable contributions also came from Coinbase Ventures, Galaxy Digital, Variant Fund, Polychain Capital and the Joseph Lubin-led Ethereal Ventures, among others.

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