Nexus Labs completes $25 million Series A funding round led by Lightspeed and Pantera

Nexus Labs, a web3 startup, has completed a $25 million Series A funding round led by Lightspeed Venture Partners and Pantera Capital, with participation from Dragonfly Capital, Faction Ventures, and Blockchain Builders Fund. Nexus Labs plans to use this funding to expand its team and develop more products, focusing on building zero-knowledge privacy tools to support technologies such as artificial intelligence, cybersecurity, and cloud computing.