Saakuru Labs, a consumer-centric L2 Protocol geared toward helping embed complex digital products to Web3 in 1 day, has raised $2.4 million in a recent funding round, per the latest information shared with Finbold on April 16.
In the round, Saakuru secured significant support from a wide array of institutions and angel investors with Based VC and ARC Community leading the round. Other prominent firms include Kyber Network, PG Capital, Wizard Capital, Decubate Ventures, Oracles Investment Group, BCW Ventures, Steady Stack, W3GG, Calib3r, Rarible, Worlds Beyond, Uptrend Digital, Arclight Studio, and IBC Group.
Similarly, angel investors come from a variety of backgrounds including blockchain education and esports, as well as the founders and senior officers of Mezo, HQ, Forked, Pixelmon, W3GG, Blocklords, Owl Protocol, 100X, and BAYC Taiwan.
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Saakuru Labs set for expansion in 2024
Along with the funding round, Saakuru Labs is set to see additional ecosystem expansion in 2024. More than 40 new projects are expected to go live this year with some of the most notable including PlayGround, the flagship gaming platform developed by Worlds Beyond, and Crypto Run, a Made by Apes game.
The ecosystem is also set to expand with a soccer betting game called Soccer Sage.
Finally, Worlds Beyond, a key player in the gaming sector and a participant in this funding round, has announced plans to launch three more games later in 2024.
The expansion will come at the tail of the already significant presence Saakuru Labs boasts across the GameFi sector as it boasts, for example, more than 430,000 wallets holding assets on its mainnet.
