A16z Crypto, 1kx, and Hack VC have led a $25 million seed funding round for Miden, a project incubated by Polygon’s Agglayer Breakout Program. The funding will support the development of Miden’s new edge blockchain, designed to offer private, scalable solutions for applications. Led by former Meta blockchain engineers Bobbin Threadbare, Dominik Schmid, and Azeem Khan, Miden aims to move most of the computing and data storage from centralized servers to users’ devices, such as phones or laptops. This approach can help apps run faster, remain private, and scale more easily without relying on a single congested blockchain. Miden allows developers to build hybrid applications with public-private states and complex logic while ensuring confidentiality and auditability.