Elusiv Association, headquartered in Switzerland, is a pioneering startup founded in 2022 that is positioning itself at the intersection of Blockchain and Web3 technologies. With a compelling slogan, "Elusiv combines privacy with safety by offering compliance in mind next-generation privacy solutions for a better Web3," the company is developing what they describe as Web3's universal encryption layer, aimed at enhancing privacy while maintaining compliance in the decentralized world.
The company demonstrated significant traction by securing a $3.50M Seed Round investment on 04 November 2022, drawing interest from a robust cohort of investors. Notable backers include NGC Ventures, Big Brain Holdings, Cogitent Ventures, Moonrock Capital, Anagram, SolanaFM, Equilibrium Labs, Anatoly Yakovenko, MonkeVentures, and Staking Facilities. This investment reflects confidence in Elusiv's mission to empower privacy within the blockchain ecosystem.