From Investing.com
November 11, 2024 1:30:32 pm:

Brevis secures $7.5 million in seed funding led by Polychain Capital and Binance Labs, with support from other investors. The platform offers infinite scalability to blockchains through off-chain computation with ZK Proofs, allowing for complex tasks at a fraction of the cost. Launch partners like Kwenta and JoJo Exchange are already utilizing Brevis for innovative features.

Brevis introduces ZK Coprocessor enabling smart contracts to perform computation on historical on-chain data. The platform’s SDK simplifies the development of data-driven dApps without the need for complex cryptographic knowledge. Brevis opens up possibilities for new features in DeFi, user engagement programs, and more, with partners like PancakeSwap and Celer leveraging its capabilities.

Brevis pioneers a new approach to verifiable off-chain computation, enhancing blockchain scalability and functionality. The platform’s use of ZK Proofs enables trust-free data-driven computation in smart contracts, expanding the potential for advanced decentralized applications. With support from Polychain and Binance Labs, Brevis aims to redefine blockchain development and user experiences.

Brevis receives funding to expand research and development efforts, enhancing off-chain verifiable computing components. The platform plans to grow its decentralized prover network and accelerate adoption of the ZK Data Coprocessor. Brevis aims to revolutionize the Web3 landscape by enabling new levels of scalability and user experiences in decentralized applications.

Read more at Investing.com: Brevis Announces $7.5M Seed Round to Shape the Future of Verifiable Computing By Chainwire