Karak Network Logo

Karak Network
Series A Round

Past 13 Dec - 14 Dec 2023

Karak network is a staking protocol that enables users to repurpose their assets, such as liquid staking tokens, stablecoins, or even Bitcoin, to enhance the security of blockchain networks and dApps.

It has also developed an Ethereum L2 network, powered by its Distributed Security Services. The Karak L2 is designed to help developers build and test various applications and major updates on its chain network before they go live.

On December 13th, 2023, the company closed a Series A funding round, raising over $48M at $1B valuation from Coinbase Ventures, Pantera Capital and some other funds. 

CoinLaunch Score: Last update:
Very High 23 May 2024

Karak Network - Series A Round  Overview

start date: 13 Dec 2023
end date: 14 Dec 2023
price: N/A
tokens for sale: N/A
Raise: $48,000,000
Min. Buy: N/A
Max. Buy: N/A
Industry: Blockchain Service
More about Karak Network

Karak Network - Series A Round Funds and Backers
(3/7)

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Coinbase Ventures logo
Coinbase Ventures
Score: Very High
17 numbers of
investment
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pantera capital logo
Pantera Capital
Score: Very High
7 numbers of
investment
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lightspeed venture partners logo
Lightspeed Venture Partners
Score: Very High
5 numbers of
investment
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