Corporate information
Official name
Andalusia Labs Ltd
Registration country
Previously known as
Company type
Digital asset risk infrastructure startup.Overview
Andalusia Labs is a collection of leading technology solutions, including Karak, Subsea, and Watchtower. Andalusia Labs is backed by Coinbase, Lightspeed, Mubadala, Bain Capital, Pantera Capital, Framework Ventures, Digital Currency Group, Proof Group, Nima Capital, and Naval Ravikant, as well as founders, general partners, and executives from globally leading organizations like Founders Fund, Google, and Coinbase, among many others.
Funding rounds
Series A USD 48,000,000
USD 48,000,000 ( ) at USD 1,000,000,000 pre-money valuation
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Lightspeed Management Co LLC (Lightspeed Venture Partners), (LSVP) | Multi-stage venture capital firm focused on accelerating disruptive innovations and trends in the enterprise and consumer sectors. | Initial investment. Led the round. | |
|
Mubadala Development Co (Mubadala Investments) | The sovereign wealth fund of Abu Dhabi. | Initial investment. | |
|
Bain Capital Venture Partners LLC (Bain Capital Ventures) | Multi-stage, domain-focused venture fund with offices in the Bay Area, NYC, and Boston, the venture capital division within Bain Capital. | Follow-on investment. | |
|
Digital Currency Group Inc (DCG) | Investment company focused on bitcoin and blockchain tech businesses. | Follow-on investment. | |
|
Framework Ventures | Multi-stage venture capital firm investing in blockchain and cryptocurrency digital assets. | Follow-on investment. | |
|
Pantera Capital Management LP | Investment firm focused exclusively on ventures, tokens, and projects related to blockchain tech, digital currency, and crypto assets. | Follow-on investment. |
Investment activity status
Active investor
Team
| Employee | Position | ||
|---|---|---|---|
| Raouf Ben-Har (founder) | |||
| Drew Patel (founder) |