It was headed by Polychain Capital and Qiming Venture Partners. In addition, Alliance, CoinFund and SevenX Ventures took part. Their representatives noted that they prefer infrastructure projects that remained stable during the bear market.

Manta Network is a modular ecosystem for zero—knowledge (ZK) applications that use a cryptographic method of mathematical verification of the correctness of transactions without compromising confidentiality. Earlier, the company launched its own Manta Atlantic blockchain to ensure the programmable security of user data.

Recently, the Manta Pacific network has also been deployed. It is running in the test version. Its purpose is to serve as a 2nd—level scaling solution to simplify the deployment of ZK applications for the Ethereum virtual machine for developers.