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Ulvetanna provides specialized cryptographic computation services designed for blockchain protocols. The company uses FPGA clusters and a unique mathematical approach known as a binary field tower to create custom hardware solutions that maintain high performance, even when compared to standard CPU systems. Their Binius software stack, which is open source and developed in Rust, supports various proof systems, including plonky2 and Polygon zkEVM, with plans to expand support to future systems like Binius and plonky3. Ulvetanna's infrastructure is environmentally friendly, powered by sustainable energy sources, and operates on bare metal, allowing for tailored network configurations and the use of advanced hardware. The company targets blockchain developers and enterprises that require efficient and cost-effective zero-knowledge proofs, generating revenue through their proving-as-a-service model that utilizes their sophisticated hardware and software capabilities.
Company Stage
Seed
Employees
11-50
Industries
Hardware, Fintech, Crypto & Web3
Total Funding
$14.6M
Headquarters
San Francisco, California
Founded
2022
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