Announcing Yet Another Company $1M Pre-Seed raise

Announcing Yet Another Company $1M Pre-Seed raise
We have raised $1M for our Pre-Seed raise

We are excited to share a significant milestone in our journey at YAC. We've successfully raised $1 million in a funding round led by @class_lambda, marking a pivotal moment in our mission to revolutionize the financial landscape for internet users worldwide.

Building on Ethereum: A Vision for Inclusive Finance

Our goal at YAC is ambitious yet straightforward: to create financial products accessible to every internet user. This vision hinges on the innovative use of Ethereum's technology, where cryptography and distributed systems play a crucial role. By leveraging these technologies, we aim to build robust financial markets that are secure, transparent, scalable and inclusive.

The Raise

We extend our heartfelt thanks to LambdaClass, Gagra Ventures, CSquared Ventures, Fred, and numerous other angel investors for their invaluable support. Thank you for trusting in us!

The origins of YAC

YAC's inception within LambdaClass was a crucial to understand the potential of zero-knowledge proofs and how transformative of a technology. We recognized that these proofs are not just a part of the future of computation but a key to unlocking the full capabilities of Ethereum. This technology enables us to develop the best financial products that offer the best security possible while offering competitive prices.

Addressing Ethereum's Challenges

As crypto natives, we've observed firsthand the challenges within the Ethereum ecosystem. Current solutions to issues like liquidity fragmentation and market interoperability fall short. That's where our projects, Yet Another Bridge and Aligned Layer, come into play.

The most powerful bridge in Ethereum

YAB stands out as a groundbreaking bridge connecting Ethereum L2s. Its unique intent-based design, utilizing Storage Proofs, ensures fast and secure settlements. This project is not just an innovation; it's a step towards a future dominated by zero-knowledge proofs.

Aligned Layer

The development of Aligned Layer emerged from our efforts to enhance YAB. Recognizing the need for robust infrastructure in the zk-dominated future of Ethereum. As an Eigen Layer AVS, it promises affordable verification and versatile proving systems for L2s and bridges, addressing critical needs in the blockchain ecosystem.

Learn More and Join Our Journey

We are just at the beginning of our journey, and there's much more to come. If you're interested in learning more about YAB and our plans for Aligned Layer, we invite you to read our detailed blog posts. Stay tuned for more updates as we continue to innovate and shape the future of finance on Ethereum.