Fermah operates a marketplace-style universal proof generation layer that aggregates GPU and FPGA suppliers to generate zero-knowledge proofs across use cases such as ZK rollups, bridges, coprocessors, ZKML, and ZKFHE. The platform is architected to support all proof systems, including zkVMs, zkEVMs, and Groth16, and is optimized to reduce the cost and latency of proof generation. By aggregating demand and enabling suppliers to leverage economies of scale, Fermah aims to lower per-proof costs and broaden the set of practical ZK use cases. The company cites several technical breakthroughs that enable what it describes as the first efficient marketplace for ZK proof generation. Fermah plans to use the new funding for product development and team expansion and is currently hiring for multiple key roles. The company was founded by Vanishree Rao, a cryptographer with a PhD in Cryptography from UCLA and former Lead Cryptographer at O(1) Labs.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Sep 2024