Saakuru Labs has successfully raised $2.4 million in a highly sought-after private investment round, marking a significant milestone in its quest to expand its impact and capabilities. The funds will be used to accelerate the adoption of the Saakuru Protocol, a groundbreaking solution that has gained traction and development in the GameFi sector.
The Saakuru Protocol, known for its innovative approach to blockchain scalability and efficiency, has already made a significant impact with over 430,000 wallets holding assets on its mainnet. With more than 200,000 transactions per day, Saakuru is now the fourth most active Layer 2 (L2) solution in the blockchain industry. This level of activity highlights the growing importance of the protocol and the increasing confidence users have in its reliability and effectiveness.
This year, the ecosystem surrounding the Saakuru Protocol is expected to experience significant growth, with over 40 projects scheduled to launch. One of the highly anticipated projects is PlayGround, the primary gaming platform of Worlds Beyond. Additionally, games like Soccer Sage, a global soccer betting game, and Crypto Run, a game developed by Made by Apes, will further enrich the gaming landscape. Worlds Beyond, a major player in the gaming industry, plans to release three additional games later this year, contributing to the thriving ecosystem fostered by the Saakuru Protocol.
Leading the fundraising round are Based VC and ARC Community, demonstrating their strong belief in Saakuru Labs’ vision and the technological capabilities of the Saakuru Protocol. They are joined by a diverse group of prominent investors from across the blockchain ecosystem, including PG Capital, Wizard Capital, Decubate Ventures, Steady Stack, W3GG, Calib3r, Rarible, Worlds Beyond, Uptrend Digital, Arclight Studio, and IBC Group. The wide range of supporters underscores the widespread acceptance and confidence in the protocol’s potential to revolutionize DeFi and blockchain scalability.
In addition to institutional investors, several well-known angel investors have also come on board. This includes Marcus “Revenant” Tan, a prominent figure in the esports industry, Dingaling, Sharon Lourdes Paul, the founder of HQ, Artem Sergeev, the founder of Forked, Broderick Sim, the growth lead at Pixelmon, Irene Umar, the co-founder and CEO of W3GG, David Johansson, the CEO and creative director of Blocklords, Harrison Goldsmith, the founder of Owl Protocol, 0xAndy.eth, a key team member of BAYC Taiwan, and Pep Ruckpanich, the EIR at 100X. Their involvement is crucial to the development of Saakuru Labs, as they not only provide financial support but also bring a wealth of knowledge, connections, and experience to the table.
The goal of this funding round is to drive the widespread adoption of the Saakuru Protocol and lay a solid foundation for its future growth. By involving a diverse range of stakeholders, from institutional supporters to influential figures in the industry, Saakuru Labs aims to cultivate a dynamic and thriving ecosystem centered around its protocol. This community-driven strategy showcases the company’s commitment to not only innovation but also inclusivity and collaboration in the rapidly evolving field of blockchain technology.