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Clave raises 1.6 million dollars in pre-seed round led by Matter Labs
I just found out that Clave, a wallet platform for smart contracts based on account abstraction, has raised $1.6 million in its pre-seed round. Matter Labs led this investment, with participation from LambdaClass, Safe ( previously known as Gnosis Safe) and Mirana Ventures.
What I find interesting is how Clave intends to revolutionize our interaction with blockchain. They use transaction simulators as 'intentions', session lock modules, and security modules. Personally, I believe this approach could significantly simplify the user experience, although I wonder if it will truly achieve the mass adoption we need.
The funds raised will be used to accelerate the development of zkSync software. They also plan to promote the activation of EIP-7212 in the Ethereum community after ETHDenver.
I am surprised that with so much capital flowing into blockchain projects, many are still too complex for the average user. Perhaps Clave can change this, but I am skeptical. Too many projects promise to revolutionize the space and end up being just another solution looking for a problem.
Disclaimer: Includes third-party opinions. This does not constitute financial advice. It may include sponsored content.