According to Foresight News, ZK interoperability infrastructure Polyhedra Network completed US$20 million in strategic financing at a valuation of US$1 billion. Polychain Capital led the investment, with participation from Animoca Brands, Longhash Ventures, Emirates Consortium, Mapleblock Capital, etc. This round of funding and the previous four rounds were all conducted via Simple Agreement for Future Tokens, or SAFT. The round closed last month, bringing Polyhedra’s total funding to $75 million. The funding will be used to hire across functions including product, engineering, business development and marketing, expanding the current team of about 50 people to about 80 people.
