Taiko raises $15M

Taiko, a provider of Ethereum Layer 2 scaling solutions, has announced the completion of a $15 million Series A funding round. The round was led by Lightspeed Faction, Hashed, Generative Ventures, and Token Bay Capital, with participation from Wintermute Ventures, Presto Labs, Flow Traders, Amber Group, OKX Ventures, GSR, and WW Ventures.

Founded in 2022, Taiko specializes in Ethereum-equivalent ZK-Rollup technology.

Taiko has raised $37 million to date.

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