Karate Combat Secures $18 Million in Funding from Bitkraft Ventures and Others

On April 19th, the Web3 XR combat live streaming platform Karate Combat announced the completion of a $18 million financing, led by Bitkraft Ventures, with Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago Santos, RooxieXBT and others participating in this round of financing.

Web3 XR fighting live streaming platform Karate Combat completed $18 million in financing

Karate Combat, the Web3 XR combat live streaming platform, has announced the completion of an $18 million financing round. The funding was led by Bitkraft Ventures and joined by Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago Santos, RooxieXBT, and others. The latest funding round brings the total investment in Karate Combat to $32 million.

The Rise of Karate Combat

Karate Combat is a platform that reimagines traditional karate tournaments with cutting-edge technology. The platform offers immersive live streaming and video-on-demand services, allowing martial arts enthusiasts to access the best, fastest, and most accurate karate competitions from anywhere in the world. Karate Combat’s innovative approach has helped the organization become a leading player in the world of combat sports.

What Does the Funding Mean for Karate Combat?

The $18 million financing is a significant milestone for Karate Combat, representing a massive vote of confidence in the company’s business model, technology, and leadership. The funding will help Karate Combat accelerate its growth, expand its platform’s capabilities, and enhance its video production, marketing, and distribution capabilities. With the new funding in place, Karate Combat is now better positioned to execute its long-term strategy, which includes forging partnerships with other major combat sports organizations, further expanding its content offerings, and attracting new fans and viewers to the platform.

The Investors Behind the Funding Round

The $18 million financing round was led by Bitkraft Ventures, a leading venture capital firm that focuses exclusively on gaming, esports, and interactive entertainment. Bitkraft has been a major investor in Karate Combat, believing in its mission to bring martial arts to a new generation of fans. Other investors in the round include Delphi Digital, a leading blockchain research and consulting firm; The Operating Group, a private-equity and venture capital firm specializing in media and technology investments; Alpha Wave Global, a venture capital firm focusing on growth-stage tech companies in the Middle East and North Africa; Hashkey, a blockchain-focused investment firm; Lattice, an early-stage venture capital firm; M13, a venture capital firm specializing in consumer technology investments; Santiago Santos, a venture capitalist and entrepreneur; and RooxieXBT, a crypto investment fund.

The Future of Karate Combat

Karate Combat is poised for continued success, fueled by its innovative approach, cutting-edge technology, and strategic partnerships. The company’s mission is to showcase the beauty, excitement, and artistry of martial arts to a growing audience of fans worldwide. With the continued support of its investors, Karate Combat is well-positioned to achieve its goals and become the premier combat sports platform in the world.
# Conclusion
Karate Combat’s $18 million financing round is a significant milestone for the platform, and a vote of confidence in its mission to revolutionize the world of martial arts. With the new funding in place, Karate Combat is poised for continued success, fueled by its innovative approach, cutting-edge technology, and strategic partnerships. The company’s future looks bright, and fans worldwide can expect to see more exciting and immersive karate competitions on the platform in the years to come.
# FAQs
1. What is Karate Combat?
Karate Combat is a Web3 XR combat live streaming platform that offers immersive karate tournaments and competitions.
2. Who led the latest funding round for Karate Combat?
The latest $18 million financing round for Karate Combat was led by Bitkraft Ventures, with several other investors also participating.
3. What is Karate Combat’s long-term strategy?
Karate Combat’s long-term strategy includes forging partnerships with other major combat sports organizations, expanding its content offerings, and attracting new fans and viewers to the platform.
# Keywords
Karate Combat, live streaming platform, Bitkraft Ventures, funding, martial arts, combat sports, technology, partnerships.