Switzerland-based privacy startup Nym Technologies has raised $6 million, which is being loosely pegged as a Series A round. Earlier raises included a $2.5M seed round in 2019. The founders also took in grant money from the European Union’s Horizon 2020 research fund during an earlier R&D phase developing the network tech. The latest funding will be used to continue commercial development of network infrastructure which combines an old idea for obfuscating the metadata of data packets at the transport network layer (Mixnets) with a crypto inspired reputation and incentive…
