ZK development company Zorp completes US$5 million in seed round financing, led by Delphi Ventures

Zorp, a Nockchain development company for the ZK-L1 network, announced the completion of a $5 million seed round of financing, led by Delphi Ventures, with participation from North Island Ventures, CMCC Global, Portal Ventures, Champion Hill Ventures, Breed VC, Octu Ventures, and Labyrinth DAO.

It is reported that Zorp is building Nockchain as a high-throughput chain, providing proof of computation, storage, and new namespace. Zorp has built the first virtual machine based on combinators using Nock, which can be efficiently combined with zero-knowledge proofs. Nockchain is a proof-of-useful-work-based blockchain, located on top of its ZKVM.