Renzo raises $25M in seed round for Ethereum restaking protocol

Renzo Raises $3.2M in Seed Funding to Expand Ethereum Restaking Protocol

Renzo, an Ethereum restaking protocol based on EigenLayer, has successfully raised $3.2 million in a seed funding round. The funding round was led by Maven11 Capital, with participation from Figment Capital, SevenX Ventures, IOSG Ventures, and several other investors. Renzo completed the round in December 2021, bringing its post-money valuation to $25 million.