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Succinct develops SP1, an open-source zero-knowledge virtual machine for developers.
Succinct develops SP1, an open-source zero-knowledge virtual machine that enables developers to write proofs in Rust and reuse existing libraries. The company aims to make zero-knowledge proofs accessible to developers, organizations and blockchain projects. Founded in 2022, the company is based in South San Francisco, US, and raised USD 55 million in Series A funding in March 2024, led by Paradigm.
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