USA – Nucleo, a New York-based provider of a private, non-custodial, auditable multi-sig on Ethereum, raised $4M in Seed funding.
The round was led by Bain Capital Crypto and 6th Man Ventures, with participation from from notable leaders in privacy infrastructure and zero-knowledge cryptography including Aztec Network, Aleo and Espresso Systems. Aztec Network, Aleo and Espresso Systems.The company intends to use the funds to further expand its team and support private multi-sig integration with existing organization tools including Juicebox and Gnosis. New capabilities Nucleo intends to develop with the proceeds include private DeFi for organizations, multi-chain privacy, and innovations needed across the entire tech stack to provide flexibility and expressivity for using private multi-sigs.Co-founded by Matthew Wyatt and Luke Newman, Nucleo leverages advanced multi-signature and zero-knowledge cryptography, to provide the privacy infrastructure for any organization to take advantage of improved capital allocation, formation, and distributed ownership by going Web3-native. By partnering with privacy networks like Aztec, Aleo, and Espresso Systems, Nucleo will encourage adoption of blockchain systems with privacy by offering non-custodial, programable, and auditability solutions.Nucleo launches with a team of over 7 professionals with unique experience in zero-knowledge proofs, multi-signature cryptography, product development, design, and software engineering. The company is currently hiring for full-stack and security engineer roles.22/11/2022
