Brevis Raises $7.5M in Seed Funding to Advance Verifiable Computing on Blockchain

Brevis, a platform focused on smart verifiable computing, has secured $7.5 million in seed funding to further develop off-chain verifiable computation across the blockchain ecosystem.

Announced on November 11, the funding round was led by Polychain Capital and Binance Labs, with additional backing from IOSG, Nomad Capital, HashKey, and Bankless Ventures. Several angel investors also participated in the round.

Brevis aims to enhance blockchain scalability without compromising liquidity or introducing state fragmentation. The new capital will be used to expand Brevis’s research and development team, which will focus on building and integrating key components of off-chain verifiable computing and improving the platform’s decentralized prover network. One of the key initiatives is to accelerate the adoption of Brevis's zero-knowledge (ZK) data coprocessor.

The ZK Coprocessor enables smart contracts to interact with on-chain data, such as transactions and states, via Brevis’s programmable software development kit (SDK). This technology allows developers to build data-driven decentralized applications (dApps) that can scale blockchain platforms like Ethereum, without the need to manage the underlying cryptographic complexity.

By offloading heavy, resource-intensive computations to an off-chain network, Brevis helps reduce costs for dApp developers. Once the computations are completed, a ZK proof is generated and verified on-chain with minimal expense. This process enables more efficient and cost-effective operations for decentralized applications.

Olaf Carlson-Wee, founder of Polychain Capital, commented: “At Polychain, we’re committed to supporting projects that push the limits of blockchain infrastructure. Brevis stands out with its innovative use of ZK proofs to bring complex, data-driven computation to smart contracts in a trust-free way.”

Several well-known platforms and protocols, including Kwenta, PancakeSwap, Frax, Celer, Jojo Exchange, and Mask Network, have either already integrated or are exploring Brevis-powered features.

With this latest round of funding, Brevis is poised to further develop its verifiable computing technology, bringing enhanced scalability and efficiency to the blockchain space.