San Francisco – Rakurai, the cutting-edge infrastructure project that is revolutionizing Solana staking, has announced on on March 11, the successful closing of a $3 million seed funding round led by Anagram Ventures. Additional investors include Colosseum, Slow Ventures, Robot Ventures, and Crypto.com, with P2P.org, GlobalStake, and Cyber Fund also participating. This investment underscores Rakurai’s potential to drive substantial advancements in decentralized infrastructure.
The newly acquired funding will be instrumental in advancing the deployment of Rakurai’s high-yield Solana staking platform, which offers superior QoS (quality of service) transaction completion through heightened efficiencies, catering to both retail and institutional participants. Remarkably, Rakurai nodes deliver 5x the TPS (transactions per second) compared to the standard Solana client, according to standard benchmark tests. The capital will also accelerate product development and partnership expansion efforts.
Ali Rizvi, CEO of Rakurai, commented, “Today’s funding announcement is just one of many milestones on our path as we develop products that significantly enhance TPS on Solana. Through our unique innovations in transaction scheduling, Rakurai has been able to accelerate Solana nodes, boosting block rewards. This has created tremendous benefits for users, stakers, and node operators alike, enabling everyone to thrive on Solana.”
Established by a team with profound experience in developing ultra-low-latency, high throughput systems for algorithmic trading, Rakurai is helmed by Ali Rizvi, an ex-Apple Silicon Valley engineer with more than 20 years of experience and a notable background in ASIC/SOC design. Rakurai earned top honors in the infrastructure track at last year’s Colosseum Solana Renaissance Hackathon.
David Feiock, CIO at Anagram Ventures, noted, “One of the biggest challenges Solana faces today is the prevalence of conflicting transactions and scheduler bottlenecks, leading to inefficiencies in block packing. Rakurai's solution addresses this issue by optimizing the process, allowing for more efficient block creation and ultimately increasing validator rewards. We believe Rakurai will be a crucial element in the IBRL puzzle.”
