Karma Biotechnologies

BiotechnologySeedLos Angeles, USkarmabiotech.com

Latest round

Seed

Last raised

Oct 2021

Total raised

Undisclosed

Investors

1

About Karma Biotechnologies

Founded in 2017, Karma Biotechnologies is based in Los Angeles, US, and provides live lottery draw services. The company has evolved its offerings but has not undergone any major business pivots. The founding team includes Alan Johnson and Andrew Gray, with Andrew Gray currently serving as CEO.Karma Biotechnologies specializes in offering live lottery draw services that cater to major lottery pools such as Sydney Pools, Singapore Pools, and Hong Kong Pools. Their core service includes real-time broadcasts of lottery results, sourced from official lottery authorities, which ensures the accuracy and authenticity that bettors rely on.The company's revenue is generated through direct access to live draw services, potentially on a subscription basis or via partnerships with local betting agencies. This structure is designed to facilitate easy access for bettors seeking the latest lottery results, enhancing their overall experience. Upcoming initiatives include the design of new products related to live lottery draws, with specific details yet to be released. The company is strategically targeting additional markets across Southeast Asia for expansion, aiming to launch these initiatives by the end of 2023.

Who invested in Karma Biotechnologies

1 investor across 2 rounds

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Funding rounds

  1. Seed

    Oct 21, 2021

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Sep 3, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about Karma Biotechnologies

Who invested in Karma Biotechnologies?

Karma Biotechnologies has 1 investor on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Karma Biotechnologies raised?

Karma Biotechnologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Karma Biotechnologies last raise money?

Karma Biotechnologies's most recent round on record is a Seed, in Oct 2021.

What does Karma Biotechnologies do?

Founded in 2017, Karma Biotechnologies is based in Los Angeles, US, and provides live lottery draw services.

Where is Karma Biotechnologies headquartered?

Karma Biotechnologies is headquartered in Los Angeles, US.

Which VCs invest in companies like Karma Biotechnologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back biotechnology companies at Karma Biotechnologies's stage. Their profiles are linked below.

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