Karak investments and collabs, part 2

MS Mesh
3 min readMay 19, 2024

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Hello guys, today’s topic is Karak investors. I’ve already done first part of this overview 👉 here. Some new information was founded by me, so i want to share it. If you don’t know about Karak yet — it is a massive project with upcoming airdrop with more than $48 millions allocated for it. The recent TVL of Karak has almost reached $750 millions and continues growing!

To review Karak i used https://cryptorank.io/ico/karak-network

As you can see from the picture above, Karak’s official tweet has been confirmed and all of these investments grant you that Karak is a tier 1 project.

Funding Rounds in Karak

December 13, 2023, Andalusia Labs, the global leader in digital infrastructure for digital assets, has successfully raised $48 million in Series A funding round, positioning the company’s equity valuation north of $1 billion. Prominent Silicon Valley venture capital firm Lightspeed Venture Partners led the round with participation from Mubadala Capital, the asset management subsidiary of Mubadala Investment Company, a $280 billion global sovereign investor headquartered in Abu Dhabi, and existing investors Pantera Capital, Framework Ventures, Bain Capital Ventures, and Digital Currency Group. Other existing investors include industry giant Coinbase, Proof Group, Nima Capital, and Naval Ravikant.

i’ve already written about those in my previous post

However, there are also some hidden investors that can be founded on this page. There are some individuals that have capital and invested in the Karak:

Naval Ravikant is the CEO and a co-founder of AngelList. He previously co-founded Epinions (which went public as part of Shopping.com) and Vast.com. He is an active Angel investor, and have invested in dozens of companies, including Twitter, Uber, Yammer, Stack Overflow and Wanelo.

Santiago Roel Santos is the Partner at ParaFi Capital

Noah Jessop is a Principal & Managing Partner. He attended the Massachusetts Institute of Technology.

Nikil Viswanathan is the Co-founder and CEO at Alchemy.

As you can see not only big companies collaborate with Karak but also individuals. This again can prove that everybody can trust Karak with huge investments, Karak is a worldchange project, blockchain of which is going to be with lowest fees ever! Don’t hesitate and bridge to it to participate in the MASSIVE AIRDROP.

If you are not in Karak yet, join your fruitful adventure — http://app.karak.network and enter one of those codes: tLdMY ; Uwgul ; DSVTp ; k04TJ ; 9H48E. Also, don’t forget to see my previous posts here:
What is Karak and its massive update(14.04.2024) 👉 here
Karak new features (28.04.2024) 👉 here
Karak update on 12.05.2024 👉 here

Best wishes and have a nice day! 🙂

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