How much funding has Karura raised?

Karura has raised $100.0M in total funding, most recently a Venture Round.

Who are Karura's investors?

Karura's investors include Pantera Capital, Coinbase Ventures, Polychain Capital, HashKey Capital.

Where is Karura headquartered?

Karura is headquartered in Auckland, New Zealand.

What industry is Karura in?

Karura operates in Crypto & Web3, DeFi, Developer Tools.

Karura

Reimagine DeFi Possibilities

Auckland, New Zealand · Founded 2019 · $100.0M raised

Crypto & Web3

DeFi

Developer Tools

Headquarters: Auckland
Employees: 51–200
Founded: 2019
Business Model: B2B

Website: acala.network
Total Funding: $100.0M
Last Round: $100.0M Venture RoundJun 2021
Rounds: 1

About

Karura is the all-in-one DeFi hub of the Kusama network, founded by the Acala Foundation. Built as a scalable, EVM-compatible blockchain optimized for decentralized finance, Karura offers liquid KSM staking (earning rewards while maintaining liquidity via LKSM tokens), an AMM DEX with cross-chain swap functionality, collateralized borrowing, and liquidity provisioning. The platform supports micro gas fees payable in virtually any token and is built on Substrate, inheriting Kusama's shared security while enabling higher risk tolerance and faster governance than Polkadot. KAR is the native utility token used for governance, staking, fee payment, and incentive distribution. Karura operates as a sister network to Acala (the DeFi hub of Polkadot), with both networks designed to be fully interoperable once Kusama is bridged to Polkadot.

Summary

Karura is a Crypto & Web3 company based in Auckland, New Zealand, founded in 2019. It has raised $100.0M in total across 1 round, most recently a $100.0M Venture Round round in Jun 2021. Investors include Pantera Capital, Coinbase Ventures and Polychain Capital.

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