Miden raises $25M from a16z crypto, 1kx, and HackVC to Build the Edge Blockchain

Fresh out of Polygon’s Agglayer Breakout Program, Miden has landed a $25M seed round to build its revolutionary edge blockchain, where execution and state move directly to user devices. Using Zero-Knowledge (ZK) technology, Miden flips the traditional model, solving fragmentation, scaling limits, and privacy concerns by empowering end-users with client-side proving and hybrid public-private states.

Key Ideas

Miden's ZK-powered edge blockchain pushes computation to devices - enabling complex, privacy-preserving applications.
Solves systemic Web3 pain points: horizontal scaling without fragmentation, auditable privacy, and true dApp autonomy.

Ready to explore what your product could look like in this edge-native world? You could build a product and market it as “true decentralization at the edge” and “private-by-default user experiences” for early adopters – we are here to support you!