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Saakuru - Private
Overview
Funding Date
April 17, 2024
Financing amount
$2.4M
Valuation
--
Category
Subcategory
About Saakuru - Private
In a significant move towards expanding its reach and capabilities, Saakuru Labs has successfully raised $2.4 million in an oversubscribed private funding round. Leading the funding round is Based VC and ARC Community, showing strong confidence in Saakuru Labs’ vision and the technical prowess of the Saakuru Protocol. They are joined by a consortium of notable investors from across the blockchain ecosystem, including Kyber Network, PG Capital, Wizard Capital, Decubate Ventures, Oracles Investment Group, BCW Ventures, Steady Stack, W3GG, Calib3r, Rarible, Worlds Beyond, Uptrend Digital, Arclight Studio, and IBC Group. This diverse group of backers highlights the wide-ranging support and belief in the protocol’s potential to reshape the future of DeFi and blockchain scalability.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Singapore | 2020 | 2 | [email protected] | ||
| Corporate | Singapore | 2021 | 2 | -- | ||
| Fund | Singapore | 2021 | 22 | [email protected] | ||
| Fund | Unknown | -- | 6 | -- | ||
| Fund | Unknown | -- | 2 | -- | ||
| Corporate | Netherlands | 2021 | 3 | -- | ||
| Corporate | Unknown | -- | 2 | -- | ||
| Corporate | Hong Kong | 2017 | 5 | -- | ||
| Uncategorized | Unknown | -- | 2 | -- | ||
| Corporate | Taiwan (Province of China) | 2021 | 2 | -- |
Company Profile / Project Introduction
Saakuru is a consumer-centric L2 Protocol with Zero Transaction Fees enhanced with Saakuru Developer Suite that enables embedding complex digital products to Web3 in 1 day. The powerful and developer-friendly product suite centered around the Saakuru blockchain allows cost-efficient and seamless connectivity from Web2 to Web3.
Saakuru’s ultra-fast block time allows developers to seamlessly run on-chain applications, like MMORPG games, delivering an authentic multiplayer experience. Furthermore, it enhances the user experience by entirely removing gas fees, making it especially user-friendly for those new to Web3.