Geometry, a research and investment firm focused on zero-knowledge privacy technology and backed by hedge fund billionaire Alan Howard, has emerged from stealth mode.

The firm, which has been running for six months and has already made a handful of seed investments in the $2 million-$4 million range, is helmed by former Aztec CEO Tom Walton-Pocock. The senior team includes Celo cryptography lead Kobi Gurkan and Gregoire Le Jeune, the former head of growth at Oiler Network, according to a press release.

Zero-knowledge proofs (ZKPs) technology allows two parties on the internet, such as an app and a user, to verify information with each other without sharing the underlying data related to that information. ZKPs have been used to create privacy-centric cryptocurrencies in the early days of crypto, and later became an integral component when it comes to scaling blockchains such as Ethereum.

“Last summer, we started thinking about producing a research laboratory with a focus on cryptography,” said Walton-Pocock in an interview. “When we got a call from Alan Howard this presented us with an opportunity to get Geometry going far quicker than we previously imagined.”

So far Geometry has led a $4 million seed investment round in Ingonyama, a zero-knowledge semiconductor company based in Israel, and also led the $2 million seed financing round of Soap Labs, the company bringing cross-venue liquidity to the non-fungible token (NFT) market.

The firm has also participated in blockchain interoperability firm Socket, the seed round of Risc0, the general-purpose zkVM powered by STARKs, and formed a strategic arrangement with Matchbox DAO, a new Web3-native gaming incubator to use Geometry’s cryptographic libraries.

Geometry’s “composite combination” of research and investing was incubated by Alan Howard’s WebN Group, Walton-Pocock said, adding that “the opportunities for zero-knowledge extend into every aspect of Web3.”


Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Read More