ZK Project Hylé Receives $2.60 million Funding Led by Framework Ventures

ZK Project Hylé raised $2.60 million led by Framework Ventures. This new round brings Hylé's total funding to $3.40 million and the company's total cash to around $5 million. Cherry Crypto, Fabric Ventures, First Capital and Heartcore Capital also participated in the round.
The company plans to use the financing to help launch its mainnet as soon as possible and hire back-end experts and protocol engineers to build other proof-of-concept solutions, such as Polygon zkEVM, Cairo, and Noir.