Andalusia Labs reaches unicorn status with $48M Series A led by Lightspeed
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget futures PnL analysis upgraded
Bitget has enhanced its futures PnL analysis to help users better track their trading performance and PnL over specific periods. The upgraded tool features two components: account analysis and trade analysis. How to access PnL analysis? App: Futures account assets > Today's PnL Website: Futures acc
Celsius Begins Second Distribution of $127 Million to Eligible Creditors
Tether-backed Northern Data receives acquisition offer for its crypto mining unit