Jiritsu Raises $10.2M in Funding

Jiritsu

Jiritsu, a NYC-based verifiable computing company, raised $10.2M in funding.

The round was led by gumi Cryptos Capital, with participation from Susquehanna Private Equity Investments, Republic Capital, Comma3, Kestrel, Eterna, Kestrel, Sera Fund, Evernew, Polymorphic, Shima, Tokentus, and other native blockchain funds.

The company intends to use the funds to expand its blockchain solutions.

Founded in 2020, Jiritsu is a technology company specializing in decentralized and verifiable computing at the forefront of computational innovation, developing technologies like Unlimited Verifiable Compute (UVC) and decentralized Zero-Knowledge Multi-Party Compute (ZK-MPC).
Alongside this funding news, Jiritsu is launched Tomei RWA, an asset tokenization platform. Built on its UVC and ZK-MPC technologies, Tomei offers assurance in asset management through its proprietary attestation system. The platform employs Zero-Knowledge (ZK) attestations for secure and compliant asset onboarding, while also providing granular, permissioned access to data. Tomei’s automation further streamlines compliance by minting tokens tied to initial ZK attestations, and its dynamic consensus mechanism ensures accurate, on-chain asset valuations.

The team is led by Jacob Guedalia, a serial entrepreneur with 4 exits and 50+ US Patents. He holds a BA in Physics and Philosophy from YU and a graduate degree in Applied Physics from the Weizmann Institute in Israel. David Guedalia, the Founder & Chief Architect, is a CTO with multiple exits and 50+ US patents. He holds a Ph.D. in Neural Computation at the Hebrew University in Jerusalem. Asher Gottesman co-Founder, has more than 20 years of experience in private equity. The team also includes Ph.D.s in Computer Science, Cryptography, Mathematics, and Physics.

FinSMEs

21/09/2023