Irreducible
Hardware to increase the efficiency of zero-knowledge-proof generation.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor investor investor | €0.0 Valuation: €0.0 | round | |
* | $24.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Irreducible specializes in providing high-performance cryptographic computation services tailored for blockchain protocols. Utilizing FPGA clusters and a unique mathematical primitive called a binary field tower, the company delivers optimized custom hardware solutions without compromising performance on standard CPU architectures. The Binius software stack, developed in Rust and open source under the Apache 2.0 license, supports popular proof systems like plonky2 and Polygon zkEVM, with future support planned for next-generation systems such as Binius and plonky3. Irreducible's infrastructure is powered by climate-friendly energy sources and operates on bare metal, allowing for customized network topologies and early adoption of cutting-edge hardware. The company serves blockchain developers and enterprises looking for fast, cost-effective zero-knowledge succinct proofs. Revenue is generated through proving-as-a-service offerings, leveraging their advanced hardware and software capabilities.
Keywords: FPGA, cryptographic computation, blockchain protocols, binary field tower, zero-knowledge proofs, Rust, open source, climate-friendly, high-performance, proving-as-a-service.