Nil Foundation is a pioneering Ethereum L2 introducing zkSharding as a way of parallel and vertical chain scaling. It is designed to deliver a smoother user experience by offering cheaper and faster transactions.
On January 19th, 2023, the company closed a $22M Private funding round at the $220M valuation and participation of Polychain Capital, Blockchain Capital, Starkware, and Mina Protocol.
| Fund | Score | Type | Retail ROI | Numbers of investments |
|---|---|---|---|---|
| Very High | 28.38x | 60 | ||
| High | 0.41x | 17 | ||
| Medium | 0.09x | 11 |