Rakurai Raises $3M to Boost Solana Staking Infrastructure
Deal News | Mar 11, 2025 | PR Newswire Cision Rakurai
Rakurai, an infrastructure project focused on enhancing Solana staking, has successfully raised $3 million in a seed funding round led by Anagram Ventures. This funding round also saw participation from several other investors, including Colosseum, Slow Ventures, Robot Ventures, and Crypto.com. The investment will be utilized to advance Rakurai's mission of delivering high transaction per second (TPS) rates and increased yields to both independent builders and institutional stakers participating in the Solana blockchain network. Rakurai's innovative technology claims to deliver five times the TPS compared to the standard Solana client by enhancing transaction scheduling and reducing block creation inefficiencies. CEO Ali Rizvi leads the initiative with his background in algorithmic trading systems and ASIC/SOC design. Rakurai's development is further backed by its previous victory in the Colosseum Solana Renaissance Hackathon. The company's approach involves building blocks while sharing block rewards with node operators and stakers, thus promising enhanced yields. David Feiock, CIO at Anagram Ventures, highlights the notable importance of Rakurai's solution in addressing Solana's transaction bottlenecks, suggesting its potential impact on resolving block inefficiencies and enriching validator returns on Solana.
Sectors
- Blockchain Technology
- Venture Capital
- FinTech
Geography
- United States – Rakurai is based in San Francisco, indicating its location and the country's relevance to the tech and investment scene discussed.
Industry
- Blockchain Technology – Rakurai operates within the blockchain technology sector as it develops infrastructure for the Solana blockchain network.
- Venture Capital – Anagram Ventures and other financial entities are investing in Rakurai, showcasing the role of venture capital in funding innovative tech projects.
- FinTech – Rakurai's focus on enhancing transaction throughput and staker yields in the Solana network positions it within the FinTech sector.
Financials
- $3 million – Seed funding raised by Rakurai to enhance its Solana staking infrastructure.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Rakurai | Target Company | Company | An infrastructure project enhancing Solana staking through high TPS capabilities. |
| Anagram Ventures | Lead Investor | Company | A venture capital firm leading the seed funding round for Rakurai. |
| Colosseum | Investor | Company | Participated in the seed funding and previously hosted the Solana Renaissance Hackathon where Rakurai excelled. |
| Ali Rizvi | CEO | People | CEO of Rakurai with a background in ASIC/SOC design and algorithmic trading systems. |
| David Feiock | CIO at Anagram Ventures | People | Provided commentary on the strategic importance of Rakurai's tech. |
| Slow Ventures | Investor | Company | Invested in Rakurai's seed round. |
| Robot Ventures | Investor | Company | Participated in the investment round for Rakurai. |
| Crypto.com | Investor | Company | An active participant in the seed funding round of Rakurai. |
| P2P.org | Investor | Company | Contributor to Rakurai's funding round. |
| GlobalStake | Investor | Company | Participated in financing Rakurai to advance its Solana infrastructure solutions. |
| Cyber Fund | Investor | Company | An investor supporting Rakurai's mission to enhance Solana node performance. |