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Taiko is a decentralized and Ethereum-equivalent (Type 1) ZK-EVM. Taiko’s goal is to scale Ethereum in a manner that emulates it as closely as possible - both technologically and ideologically.
On June 8, 2023, Taiko announced a successful raise of $22M from Sequoia China, Generative Ventures, BAI Capital, GGV Capital, GSR Markets, IOSG Ventures, Kucoin Ventures, and many others.