Rakurai Raises $3M Seed Round to Accelerate High-Yield Staking Platform

Rakurai, a Solana staking protocol offering supercharged yield and superior transaction throughput, has successfully closed a $3M seed round led by Anagram Ventures. 

Witnessing support from Colosseum, Slow Ventures, Robot Ventures, Crypto.com, P2P.org, GlobalStake, and Cyber Fund, the round will help Rakurai accelerate the rollout of its staking platform and high-performance nodes.

According to the firm, standard benchmark testing indicatesthat  Rakurai’s platform could be up to 5x more performant than existing Solana clients. On top of boosted transaction throughput, Rakurai believes its high QoS (quality of service) transaction landing enables both retail and institution users to achieve onchain efficiency.

Unlike most validators, Rakurai leverages proprietary scheduling and pipeline optimizations to boost TPS (Transactions per Second). Through its transaction-dense blocks, Solana-based users, dApps, and bots can benefit from superior transaction landing and enhanced block rewards.

Anagram Ventures CIO David Feiock argues that Rakurai is resolving some of the fundamental issues holding Solana back. Through its optimized transaction scheduling and block optimizations, Feiock contends that Rakurai could spearhead Solana’s network-wide objective of increasing bandwidth and reducing latency.

"One of the greatest challenges that Solana faces today is the frequency of conflicting transactions and scheduler bottlenecks, which have resulted in inefficiencies in block packing. Rakurai's solution aims to tackle this issue by optimizing the process, allowing for more efficient block creation and ultimately increasing validator rewards. We think Rakurai will be a critical piece of the IBRL puzzle" - David Feiock, Anagram Ventures CIO

With over 20 years of experience in ASIC/SOC design, Rakurai’s founding team bring profound expertise in building ultra-low-latency, high throughput systems for algorithmic trading. Led by ex-Apple engineer Ali Rizvi, Rakurai claimed top spot in the Colosseum Renaissance hackathon’s infrastructure track.

Rizvi has hinted that the completed seed round is not the only critical announcement on the protocol’s horizon.

“Today’s funding news is one of many more milestones to come, as we build and deliver products that significantly increase TPS on Solana. Rakurai has been able to accelerate Solana nodes through our unique innovations in transaction scheduling, which boost block rewards and benefit users, stakers and node operators, enabling everyone to thrive on Solana.” - Ali Rizvi, Rakurai CEO

Rakurai Stake Up 390% Since January

Amidst turbulent market conditions, Rakurai has made a name for itself as one of Solana’s fastest growing validators. 

Since epoch 732 (January 25-27), Rakurai’s network stake has increased by 390%, rising from ~17960 $SOL to boast over 88080 $SOL at press time based on Solana Compass data.

Rakurai’s $3M seed raise comes during a difficult period for markets. In a time when liquidity can be scarce and the future uncertain, investment firms supporting Rakurai are exhibiting high confidence in the protocol’s future.

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