Funding

Haruko funding news- Haruko Secures $6 Million in Series A Round Funding

Jul 15, 2024 | By Startup Rise EU

Haruko, a digital asset investment management platform based in London, has raised $6 million in a series A round of funding to grow into Southeast Asia and strengthen its position globally.

Haruko, a digital asset investment management platform based in London, has raised $6 million in a series A round of funding to grow into Southeast Asia and strengthen its position globally.

SUMMARY

  • Haruko, a digital asset investment management platform based in London, has raised $6 million in a series A round of funding.
  • Haruko provides institutional investors with an all-in-one digital asset platform and the most vertically integrated blockchain technology available.

With offices in London and Singapore, Haruko has rapidly expanded throughout North America and Europe, serving more than fifty investment management organisations as clients.

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Hedge funds, family offices, market makers, treasury teams, and prime brokerages are among its clientele. Its multi-product support and comprehensive exchange (CeFi), on-chain (DeFi), and over-the-counter (OTC) venue coverage have led to a high acceptance rate among large-scale trading organisations.

Shamyl Malik, co-founder and CEO of Haruko said, “Haruko is laser-focused on building institutional-grade solutions for the future of the investment industry and providing a white-glove service to exceed our clients’ expectations consistently, Despite having had several opportunities for growth through acquisition, we instead prioritised our seamless user experience, stayed true to our day one goal and built our market-leading solution entirely in-house.
We never deviate from our mission of creating best-in-class technology, simplifying complexity for our clients and supporting their goal of revenue generation, be it through pure alpha creation or franchise building.”

The financing round was co-led by MMC Ventures and White Star Capital's Digital Asset Fund. As of right now, venture capital fundraising for Haruko has raised $16 million.

Sep Alavi, General Partner at White Star Capital added: “We invest in game-changing innovators and as the digital asset space continues to mature, Haruko is leading the way in ensuring institutions are equipped to embrace these new opportunities.”

Oliver Richards, General Partner of MMC Ventures commented: “MMC is a research-led fund and we have been actively looking at the blockchain and digital assets space for more than five years. The post-trade part of the digital asset landscape which Haruko focuses on has been poorly served to date and we believe that Shamyl and team have the deep domain knowledge required to solve this problem.”

About Haruko

Haruko provides institutional investors with an all-in-one digital asset platform and the most vertically integrated blockchain technology available. Across CeFi exchanges and DeFi protocols, their award-winning tech solution facilitates seamless communication and provides an in-depth, real-time view of all your digital asset exposures and risks. They offer a unified, reliable, and user-friendly solution by fusing the finest practices from the financial sector with the newest advancements in blockchain technology.

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