Matter Labs
Matter Labs is a L1/L2 Blockchains company founded in 2018 and based in Berlin, Germany. It has raised $458M in total funding, most recently a Series C in 2022.
Matter Labs was founded in 2018 in Berlin by Alex Gluchowski and Alexandr Vlasov to scale Ethereum using zero-knowledge proofs. The company builds ZKsync, a ZK-rollup Layer 2 that batches transactions off-chain and posts succinct validity proofs to Ethereum, inheriting Ethereum security while cutting fees. Matter Labs has expanded the design into the Elastic Network, a framework of interconnected ZK-powered chains (ZK Chains) that share security and interoperate natively. The company has raised roughly $458 million across multiple rounds, including a $200 million Series C in 2022 co-led by Blockchain Capital and Dragonfly, with backing from a16z, Lightspeed, and Variant.
Matter Labs is one of the foremost zero-knowledge rollup teams, and its Elastic Network is a leading bet that ZK proofs — not optimistic fraud proofs — become the dominant way to scale Ethereum securely.
matter-labs.io ↗·L1/L2 Blockchains·
Germany·private 
