NuLink Raises $11.3M for Data Privacy Solutions and Expansion
NuLink Raises $11.3M in Funding
NuLink Raises $11.3M in Funding
Key Highlights:
- Company Overview: NuLink is a Singapore-based company specializing in data privacy solutions for Web3 decentralized applications (dApps).
- Funding Round: Raised $11.3 million in funding led by DWF Labs, Poolz, and ViaBTC, with additional investments from CheckPush, 0xwilds, Coinvestor, 0xbull, Alpha Capital, MNST Platform, and Aza Ventures.
- Technology Focus: NuLink combines blockchain technology with advanced security methods like proxy re-encryption and attribute-based encryption, as well as secure computation techniques like zero-knowledge proof, secure multi-party computation, and fully homomorphic encryption.
NuLink's Target Market
- Web3 dApp Developers: Developers and organizations building decentralized applications that require secure and private handling of sensitive data.
- Data Privacy-Conscious Industries: Industries such as finance, healthcare, and government that prioritize data privacy and security in their operations.
- Blockchain and Cryptocurrency Ecosystem: Companies and projects within the blockchain and cryptocurrency space that require robust data privacy solutions.
What NuLink Needs to Buy
- Partnerships with dApp Developers: Collaborating with developers to integrate NuLink's data privacy solutions into their decentralized applications.
- Marketing and Branding Services: Engaging with marketing agencies to raise awareness and promote NuLink's technology and solutions.
- Expansion into Cryptocurrency Exchanges: Establishing partnerships with cryptocurrency exchanges like Bybit, Kucoin, and Gate.io to enable wider adoption of NuLink's solutions.