Succinct is a startup backed by Paradigm that specializes in building zero-knowledge infrastructure and proving systems for Ethereum.

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In 2024, Succinct Labs, the project's core developer, raised $55 million in a Series A funding round led by Paradigm.
Paradigm-backed startup Succinct has unveiled SP1 Hypercube, a next-generation zkVM that it claims can generate zero-knowledge proofs for Ethereum blocks in under 12 seconds, crossing a milestone in the race for real-time proving.

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