Brevis successfully raised $7.5 million in a seed funding round with participation from Polychain Capital and Binance Labs. IOSG, Nomad Capital, Bankless Ventures, and Hashkey also supported the project along with several well-known investors.
Brevis is developing technologies for verifiable computations, providing blockchain platforms with infinite scalability without state fragmentation and liquidity loss—key issues of current blockchain systems.
The raised funds will be directed towards development and innovation in verifiable computations, enabling Brevis to enhance blockchain scalability while maintaining the integrity and functionality of decentralized systems.