
A teenage encounter with Bitcoin taught Michael Gao what specialized silicon could do. Now he is trying to give zero-knowledge proofs and advanced cryptography a computer architecture of their own.

A $95,000 Banksy went up in stubborn flames. Five years later, the founder behind the spectacle is still obsessed with proving what is real - only now the fire has given way to invisible infrastructure.
Public blockchains turned every wallet into a glass bank account. Aleo is betting that programmable privacy - with disclosure on the user's terms - is the missing rail for stablecoins to enter payroll, aid and institutional finance.
The Ethereum scaler has become a payments company. Its new pitch is not another chain to think about, but a stack that makes chains somebody else’s problem.
A smart contract can execute perfectly and still act on a bad answer. Space and Time is building the database layer that sends the answer with its receipt.
Tools for Humanity built a silver sphere to answer the internet’s suddenly urgent question: is anyone here actually human? Its real product is not the Orb, but a new trust layer stretching from irises to apps, blockchains and AI agents.
David Lazerson is the co-founder and CEO of Briya, a healthcare technology company that connects hospitals, research institutions, and life sciences organizations so they can share de-identified, real-world patient data securely and in compliance with U.S. and European privacy rules. A physicist and cognitive scientist by training and a former Israeli military cyber operations officer, Lazerson built Briya on cryptography, federated learning, and zero-knowledge proofs, and in 2025 launched Briya AIRE, a clinical-grade AI research assistant that lets researchers ask questions in plain language instead of writing code.
Jon Stephens is the CEO and co-founder of Veridise, an Austin-based blockchain security firm that brings academic formal verification to smart contract and zero-knowledge audits. A computer science PhD researcher at UT Austin, he built tools like SmartPulse and Zequal that grew out of his work on formally reasoning about programs, and turned that research into a company that has audited protocols including RISC Zero, Succinct, Semaphore, vLayer and Ankr. His mission is to make everyday users secure without asking them to think about security at all.
Fabric Cryptography is a San Francisco hardware startup building the Verifiable Processing Unit (VPU) - a fully programmable custom-silicon chip with an instruction set designed specifically for advanced cryptography. Founded in 2021 by Michael Gao, Tina Ju, and Sagar Reddy, Fabric aims to do for cryptography what Nvidia did for AI: dramatically accelerate workloads like zero-knowledge proofs, fully homomorphic encryption, and multi-party computation compared with CPUs, GPUs, and fixed-function accelerators. The company has raised $39M total, including a $33M Series A in August 2024 co-led by Blockchain Capital and 1kx.
Alpen Labs is a Bitcoin infrastructure company building Strata, a zero-knowledge (ZK) validity rollup and bridge that lets people borrow, earn, and transact in dollars directly on Bitcoin - without wrapped tokens or custodians. Founded in 2022 by a team of MIT alumni, the company uses ZK cryptography to bring programmable smart contracts and DeFi-style financial products to Bitcoin while preserving its security and decentralization.
Drosera Network is a decentralized incident response protocol that aims to be an 'immune system for Ethereum.' It lets DeFi protocols deploy 'Traps' - small, off-chain-defined smart contracts that continuously monitor on-chain state, detect anomalies or exploits, and trigger automated emergency responses (like pausing functions) before an attack drains funds. A decentralized network of Operators watches those Traps and pushes verified responses on-chain, turning security from an after-the-fact audit into a live, programmable defense layer.
Riad Wahby is the co-founder and CEO of Cubist, a key management infrastructure company building hardware-backed, policy-driven signing for Web3. He is also an assistant professor of Electrical and Computer Engineering at Carnegie Mellon University and an applied cryptographer known for co-inventing the proof systems Lasso, Hyrax, and Brakedown and co-authoring the BLS signature standard (RFC 9380) used across Ethereum, Avalanche, and other chains. Before academia and entrepreneurship he spent a decade designing analog and mixed-signal chips at Silicon Labs and researched cryptography at Algorand.
Simanta Gautam is the co-founder and CEO of Alpen Labs, a startup building zero-knowledge infrastructure to make Bitcoin scalable, private, and programmable. An MIT-trained engineer who earlier founded the airport-security computer-vision company Synapse Technology (acquired by Palantir, where he became AI Lead), he now leads a team turning Bitcoin's intentionally limited base layer into rails for global money. The mission traces to a personal detail: founders with roots in Nepal, where roughly a quarter of GDP arrives as remittances, saw firsthand how much money is lost to middlemen.
ATAD Corp. is a Seoul-based technology company building an AI-driven multi-cloud operating platform that helps teams run AWS, Azure, and GCP environments from one place. Its flagship product, ODiiN, uses AI to forecast and self-heal infrastructure problems, claiming up to 80% cost savings and large productivity gains. Founded in 2023 by cloud and cybersecurity specialists, ATAD pairs cloud automation with a security stack built on AI, multi-factor authentication, and zero-knowledge proofs, and also runs Heiimdahl (a multi-LLM monitoring gateway) and Kraton (a blockchain-based decentralized VPN). The company has raised about $3.36M and holds a growing portfolio of patents in multi-cloud integration and secure data distribution.
Colin Gounden is the co-founder and CEO of VIA (VIA Science), a Somerville, Massachusetts company building decentralized, quantum-resistant data and identity protection software used by global utilities and the U.S. Department of Defense. A Harvard biochemistry graduate turned serial founder, he previously built and sold a technology services firm with clients like Royal Dutch/Shell for roughly $97M (1999) and founded and sold the analytics firm Grail Research (2009). Since 2016 he has steered VIA from clean-energy analytics into privacy-preserving Web3 security, raising a $28M Series B led by Bosch Ventures in March 2025.
World (formerly Worldcoin) is building a global "proof of human" network for the AI age. Created by Tools for Humanity and co-founded by OpenAI's Sam Altman and CEO Alex Blania, World lets people prove they are a real, unique human online without revealing who they are. Users verify with the Orb, a custom iris-scanning device, and receive a private World ID plus access to the World App, World Chain (an Ethereum Layer 2), and the WLD token. The pitch is simple: as AI makes bots indistinguishable from people, the internet needs a privacy-preserving way to tell humans apart from machines.
VIA (VIA Science, Inc.) is a Somerville, Massachusetts Web3 company building a decentralized, quantum-resistant, passwordless platform that lets governments and enterprises share and analyze sensitive data without exposing it. Backed by 18 issued patents, VIA is the first blockchain application to earn U.S. Department of Defense-wide cybersecurity accreditation, and its tools protect data and identities for the DoD, Fortune 100 firms, and energy utilities worldwide.
Yeongseon Park is the founder and CEO of ATAD Corp., a Seoul-based company building an AI-powered multi-cloud operating platform called ODiiN and a multi-LLM security gateway called Heiimdahl. ATAD's pitch is blunt: most teams run too many clouds and understand none of them. Park's products promise to operate AWS, Azure, and GCP from a single panel, claim up to 80% cost savings, and wrap it all in decentralized, zero-trust security. The company has raised about $3.36M, closed a Series A, and openly targets a Nasdaq listing by 2027.
Uma Roy is the co-founder and CEO of Succinct, the company building SP1 - the world's fastest open-source zero-knowledge virtual machine (zkVM). A former Google Brain AI researcher and MIT double major in mathematics and computer science, she pivoted from machine learning to cryptography to make zero-knowledge proofs accessible to every developer. Under her leadership, Succinct raised $55M led by Paradigm, launched a decentralized prover network, and positioned SP1 as critical infrastructure securing billions in TVL across major Layer 2 networks.
Ali Yahya is a General Partner at Andreessen Horowitz (a16z) where he leads the firm's crypto investing practice. A Stanford computer scientist and former Google Brain TensorFlow developer, he discovered Bitcoin in 2010 during security research and joined a16z in 2017 as its first full-time crypto investor. He has backed landmark bets including Solana and LayerZero, and is known for his deep technical thesis on privacy, zero-knowledge proofs, and the intersection of AI and crypto infrastructure. Off the charts, he runs a personal life operating system called walrOS built on 16 daily tracked habits and a spaced-repetition learning system.

Markos Georghiades is an Engineering Partner at Andreessen Horowitz's crypto division (a16z crypto), where he focuses on cryptography and core development of Jolt - a16z's open-source zero-knowledge virtual machine (zkVM). An undergraduate studying Computer Science and Mathematics at the University of Waterloo, he has co-authored multiple research breakthroughs: helping Jolt achieve a 6x throughput speedup (over 1 million RISC-V cycles/sec), enabling true zero-knowledge proofs via the NovaBlindFold technique, and implementing 64-bit proving without performance slowdown. His GitHub bio - 'sumcheck is love sumcheck is life' - says everything you need to know about where his obsessions lie.