Hong Kong based Ethereum Layer-2 blockchain developer raised $15m in Series A funding led by Lightspeed Faction, Hashed, Generative Ventures and Token Bay Capital.
"Type 1 ZK-EVMs are what we ultimately need to make the Ethereum Layer 1 itself more scalable."
https://www.theblock.co/post/280268/ethereum-layer-2-taiko-funding-mainnet