ZKP infrastructure Irreducible completes $24 million Series A funding, led by Paradigm and Bain Capital Crypto

ChainCatcher news, according to The Block, ZKP infrastructure startup Irreducible (formerly Ulvetanna) has completed a $24 million Series A funding round, led jointly by Paradigm and Bain Capital Crypto, with participation from Fenbushi Capital, L2 Iterative Ventures, and Robot Ventures.

Radisav Cojbasic, co-founder and CEO of Irreducible, stated that Irreducible began fundraising last August, finalized the lead investors in September, and completed the funding last month. The latest Series A funding structure is equity financing, but he declined to comment on the post-investment valuation.