# Kresko Labs Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kresko-labs-pte

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.kresko.fi
- Total disclosed funding: $2.4M
- Latest round: Seed (Aug 22, 2021)
- Investors on record: 5

## About

Based in Singapore, and founded in 2021 by its CEO Deepak Nuli, Kresko Labs Pte. Ltd. operates as a financial technology company that offers an open online platform for conducting digital financial transactions. In November 2023, Kresko Labs Pte. Ltd. raised USD 1.8 million in venture funding co-led by returning investor Electic Capital and Zero Age Ventures, with participation from other new investors Oak Grove Ventures, MH Ventures, Wagmi Ventures, and GTS Ventures. Individuals and other unspecified investors also participated in the round. 

Kresko develops a platform allowing users to mint, manage, swap, pool, and farm various synthetic assets within a single interface. The platform facilitates fractional trading, enabling users to invest as little as USD1 in assets like krTSLA, promoting inclusivity and financial accessibility. Additionally, it also highlights personalization, with My NFTs allowing users to view their collected digital assets. 

The company plans to use the venture funding to expedite the development of more capital-efficient protocols.

## Funding rounds

- Seed, Aug 22, 2021, $2.4M — Polychain Capital, Electric Capital, Hypersphere Ventures, Flori Ventures, Davoa Capital

## Investors

- Polychain Capital (https://capitalatlas.ai/funds/polychain-capital) — Seed
- Electric Capital (https://capitalatlas.ai/funds/electric-capital) — Seed
- Hypersphere Ventures (https://capitalatlas.ai/funds/hypersphere-ventures) — Seed
- Flori Ventures (https://capitalatlas.ai/funds/flori-ventures) — Seed
- Davoa Capital — Seed