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Andalusia Labs reaches unicorn status with $48M Series A led by Lightspeed

Andalusia Labs reaches unicorn status with $48M Series A led by Lightspeed

CointimeCointime2023/12/13 21:03
By:Cointime

Andalusia Labs, formerly known as RiskHarbor, has raised $48 million in a Series A funding round led by Lightspeed Venture Partners and joined by Mubadala Capital, among others. The company, which offers risk management infrastructure for digital assets, has also launched its global headquarters in Abu Dhabi's Financial Center. The funding will be used to continue developing Andalusia's suite of products, including Karak, a layer-2 offering novel risk management infrastructure for blockchain, and Subsea, a risk management marketplace for digital assets.

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