Tech Company Financing Transactions
Andalusia Lab Funding Round
Andalusia Lab secured a $48 million Series A funding round on 12/13/2023. Investors included Lightspeed Venture Partners, Bain Capital Ventures and Coinbase Ventures.
Transaction Overview
Company Name
Announced On
12/13/2023
Transaction Type
Venture Equity
Amount
$48,000,000
Round
Series A
Investors
Proceeds Purpose
Andalusia Labs intends to utilize the funds to accelerate product development, enhance institutional partnerships, and continue global expansion.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Andalusia Labs is a collection of leading technology companies, including Karak, Subsea, and Watchtower. One of the fastest unicorns in history, launch to $1B+ in 10 months. Backed by Coinbase, Mubadala (Abu Dhabi Sovereign Wealth Fund), Lightspeed, 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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Raouf Ben-Har
Founder
Drew Patel
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