TechFlow reported on November 14 that, according to Cointelegraph, LAKE, a blockchain company focused on reshaping the global water economy, has announced the completion of a $12.4 million funding round, with participation from Artaize Invest, EMB Venture Capital, Michel Audeban-Business Angel, and MSM Family Office.
Earlier this year, LAKE completed a $3 million private placement, expanded its workforce, and opened a new operations center in Dubai.
LAKE is an RWA project aiming to leverage blockchain technology to improve the current water economy and promote fair, decentralized global access to water resources.
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