Programmable privacy infrastructure startup Soda Labs has raised a $3 million seed round led by NextBlock, according to BlockBeats. The company said it spent the past two and a half years building a cryptographic privacy system that combines garbled circuits and multi-party computation, or GC-MPC. Soda Labs said the system relies on established cryptographic standards including AES and SHA256, and that its privacy engine runs on standard cloud CPUs rather than specialized hardware. That setup is designed to let applications perform private computation while staying connected to existing public blockchain infrastructure.
NextBlock founder Pieter van Poecke said the firm was drawn to the practicality of the technology, not cryptography alone, adding that Soda already has a working product and paying customers. Soda Labs said the new capital will fund its focus on commercial adoption and execution over the next 12 to 18 months. The company also plans to expand its architecture beyond gcEVM, an Ethereum Layer 2 privacy layer still running on COTI, toward Soda Bubble, a chain-agnostic coprocessor built for programmable privacy. As Bubble goes live, Soda Labs is rolling out across major EVM networks including Ethereum, Polygon, Arbitrum and Base, while also moving into non-EVM ecosystems such as Solana.
Programmable privacy infrastructure startup Soda Labs has closed a $3 million seed round led by NextBlock, according to BlockBeats.
The company said it spent the past two and a half years developing a cryptographic privacy system that combines garbled circuits and multi-party computation, or GC-MPC. Soda Labs said the design relies on established cryptographic standards such as AES and SHA256, while its privacy engine runs on standard cloud CPUs instead of specialized hardware. That allows applications to carry out private computation while remaining connected to existing public blockchain infrastructure.
NextBlock founder Pieter van Poecke said what drew the firm in was the practicality of the technology rather than cryptography in isolation. He added that Soda already has a working product and paying customers.
Soda Labs said the funding will support its focus on commercial adoption and execution over the next 12 to 18 months. The company also plans to extend its architecture from gcEVM, an Ethereum Layer 2 privacy layer still running on COTI, to Soda Bubble, a chain-agnostic coprocessor built for programmable privacy.
As Bubble launches, Soda Labs is expanding across major EVM ecosystems including Ethereum, Polygon, Arbitrum and Base. The company is also pushing into non-EVM networks such as Solana.
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