E+H has advised Andreessen Horowitz on the USD 5.5 million seed financing round investment for Taceo led by Archetype. Schoenherr advised Taceo. Cooley and Lark reportedly advised Archetype.
Cyber.Fund, A.Capital Ventures, Polymorphic, and several business angels also participated in the round.
Andreessen Horowitz is a US-based venture capital fund.
Taceo is a Graz-based start-up developing blockchain-based privacy-preserving data solutions.
According to E+H, Taceo has developed the “private shared state” data model, which merges multi-party computation and zero-knowledge proofs to allow for cross-organizational processing of encrypted data without revealing its contents, paving the way for broader applications in AI and data privacy. This latest funding marks a continuation of a16z’s support for Taceo, following its previous participation through the Crypto Startup Accelerator program in New York.
The E+H team included Partner Steve Jeitler and Associate Florian Vidreis.
The Schoenherr team included Partner Thomas Kulnigg, Attorney at Law Dominik Tyrybon, and Associate Maximilian Czernin.
