Thiel-Backed Cryptography Startup Lagrange Raises $13M

Peter Thiel’s Founders Fund leads a $13.2M seed round for Lagrange Labs, a cryptography startup focused on Ethereum’s EigenLayer restaking platform. Lagrange specializes in zero-knowledge (ZK) proofs, crucial for blockchain. Its “coprover” off-chain network enables heavy computations without trust. EigenLayer’s security anchors Lagrange, with support from notable entities like Kraken and Galaxy. Seed funding includes investors like Archetype Ventures, 1kx, Fenbushi Capital, among others.

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