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§ Private Profile · Hong Kong, Hong Kong Island, Hong Kong
zk-powered Layer 2 blockchain for decentralized identity verification, combating AI fraud with biometrics for web3 applications.
Humanity Protocol has raised $50.0M across 2 funding rounds.
Humanity Protocol has raised $50.0M in total across 2 funding rounds.
Humanity Protocol, founded in early 2024 by Terence Kwok, who serves as interim foundation CEO alongside Yeewai Chong, develops a zk-powered Layer 2 blockchain for decentralized identity verification. This innovative platform leverages palm scan biometrics to authenticate unique human users, directly combating the growing threats of AI-driven fraud and deepfakes across the web3 ecosystem. The company has successfully raised $30 million in funding, achieving a notable $1 billion valuation, despite its undisclosed location. Humanity Protocol enables verifiable credentials for various attributes, supporting critical web3 applications such as airdrops, governance, and user-controlled data ecosystems. While approximately 9 million Human IDs have been created, fewer than 1 million are verifiably human due to widespread bot activity, a significant challenge acknowledged by the founder following a token launch in June 2024 that saw prices plummet. This highlights the ongoing effort to ensure genuine human participation.
Humanity Protocol has raised $50.0M across 2 funding rounds. Most recently, it raised $20.0M Other Equity in January 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 27, 2025 | $20M Venture Round | Jump Crypto, Pantera Capital | — | Announced |
| May 15, 2024 | $30M Seed | Kingsway Capital | — | Announced |
Humanity Protocol has raised $50.0M in total across 2 funding rounds.
Humanity Protocol's investors include Jump Crypto, Pantera Capital, Kingsway Capital.