galileo

ChainCatcher news, according to official sources, the blockchain and rollups security platform Range has announced that it has raised $2.7 million in a seed round led by Galileo, with participation from Robot Ventures, Volt Capital, Chorus One, Bitscale Capital, Fenbushi Capital, Monoceros, Reverie, Informal Systems, Caballeros Capital, and Kahuna, as well as angel investors from Binance, Arbitrum, and Skip.It is reported that Range aims to build a security and risk infrastructure stack, preparing the market and institutions for the adoption of blockchain and rollups technology through a top-tier enterprise-ready platform and a security-first approach.

According to The Block, the Cosmos ecosystem development platform Cosmology has completed a $5 million seed round financing, led by Galileo and Lemniscap, with participation from Dispersion, HashKey, Tuesday Capital, Osmosis Foundation, Chorus One, and Informal Systems. The company did not disclose its valuation.It is reported that Cosmosology provides a full-stack development environment, including Tendermint developer tools, Cosmos SDK, and the Inter-Blockchain Communication (IBC) protocol. These tools (such as Telescope and Cosmos Kit) are designed to simplify the development process of applications on Cosmos.

ChainCatcher news, according to The Block, blockchain interoperability developer Union Labs has completed a $4 million seed round financing, with participation from venture capital firms Galileo, Semantic Ventures, Tioga Capital, Nascent, Lightshift, and Chorus One. The funds will be used for hiring and scaling. Union Labs aims to develop a zero-knowledge proof-based cross-chain bridge.

ChainCatcher news, privacy infrastructure provider Fairblock has completed a $2.5 million pre-seed funding round, led by Galileo, with participation from Lemniscap, Dilectic, Robot Ventures, GSR, Chorus One, Dorahacks, and Reverie.It is reported that Fairblock aims to make conditional decryption and pre-execution privacy a reality. Conditional decryption allows users to set conditions under which the protocol can execute transactions without leaking any on-chain information before execution. Unlike zero-knowledge (ZK) technology, Fairblock's design ensures that information is encrypted or decrypted only under specific conditions. Fairblock co-founder Peyman Momeni stated that applications such as sealed-bid auctions, randomness generation, private governance, and encrypted limit orders can be built on its infrastructure using the cryptographic library.Momeni mentioned that Fairblock is built using the Cosmos SDK, but is not limited to the Cosmos ecosystem. The blockchain has recently upgraded to its second private testnet, with a public testnet coming soon.