Hong Kong-based Taiko Labs, which is focused on scaling Ethereum, raised a $10M seed led by Sequoia China and a $12M pre-Series A led by Generative Ventures (Ryan Weeks/The Block)

// Taiko is building a scaling solution for the Ethereum blockchain — one it’s crafting to emulate Ethereum as closely as possible in design and ideology, according to an announcement. It describes its product as a Type 1 zero-knowledge Ethereum Virtual Machine https://www.techmeme.com/230608/p35 //