VAKT Holdings Limited is a digital ecosystem for physical post-trade processing.
VAKT platform is a digital ecosystem for physical post-trade processing. Leveraging blockchain technologies, it is a single source of the truth for the trade lifecycle. It will eliminate reconciliation and paper-based processes, enhance efficiency and create new trade finance opportunities. Unlike other solutions focused on a narrow piece of the deal lifecycle, VAKT aims to transform the full trade lifecycle. VAKT is driven by nine leading energy companies and banks who have committed to embracing blockchain technology, working together to develop an industry-wide solution to age-old problems we all experience every day.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 28, 2020 | Series Unknown | $5M | 1 | Saudi Aramco Energy Ventures | — | Detail |
Dec 24, 2018 | Corporate Round | $5M | 1 | Reliance Industries | — | Detail |
Jan 1, 2018 | Seed | — | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Saudi Aramco Energy Ventures | Yes | Series Unknown |
Reliance Industries | Yes | Corporate Round |
Level39 | — | Seed |