Lumoz raised $4 M in a Seed Round round on 2023-04-05.

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According to media reports, Lumoz raised $4 M in a Seed Round round on 2023-04-05.the investors in this funding round include Web3.com Ventures,NGC Ventures,Qtum,Puzzle Ventures,Bitrise Capital,Utmost Ventures and others. Following this round, Lumoz's total funding reached $10 M.
Lumoz is a decentralized ZK-RaaS (ZKRollup-as-a-Service) network featuring Zero-Knowledge Proof (ZKP) mining. Its innovative approach, combining Proof of Stake (PoS) and Proof of Work (PoW), allows Web3 developers to swiftly generate a zkEVM application chain with a mere click. This action triggers an abundance of ZK-Rollups, creating substantial computational tasks.

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MOZ Fundraising History
RoundAmountValuationTimeInvestor(s)
Seed Round$4 M--2023-04-05Web3.com Ventures,NGC Ventures,Qtum,Puzzle Ventures,Bitrise Capital,Utmost Ventures
Key Milestones
  • 2024-12-09
    $MOZ was live for trading
  • 2024-12-09
    Lumoz was live on mainnet
  • 2024-11-26
    Lumoz completed a strategic financing
  • 2024-05-29
    Lumoz completed a strategic financing
  • 2024-04-08
    Lumoz raised $ 6 M in Pre-A round
  • 2023-04-06
    Lumoz raised $ 4 M in Seed round
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