Miden Raises $25M in Seed Funding

Here’s a summary of the startup, funding details, and key participants based on the provided information:

Startup Information

• Name: Miden
• Location: New York City (NYC)
• Website: miden.xyz
• Founder: Bobbin Threadbare
• Description: A zk-powered blockchain platform that allows the creation of high-throughput, private applications for payments, DeFi, digital assets, and gaming.

Fundraising Details

• Funding Amount: $25 million
• Funding Series: Seed round
• Date of Fundraise: October 5, 2025

Investors

• Lead Investors:
  • a16z Crypto
  • 1kx
  • Hack VC
• Other Participants:
  • Finality Capital Partners
  • Symbolic Capital
  • P2 Ventures
  • Delta Fund
  • MH Ventures
• Angels:
  • Rune Christensen (MakerDAO)
  • Sreeram Kannan (EigenLayer)

Usage of Funds

Miden intends to use the funds to expand its operations and development efforts.

Notes

• The mainnet launch is planned for Q4 2025.

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2025-05-10 14:55:51