White Shark

Dubai, United Arab Emirates Founded: 2021 • Age: 5 yrs Acquired By SOEDESCO
AI based layer 1 public blockchain network
Annual revenue $27,368 Latest available
Total funding $16.0M 1 rounds
Employees 1 Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 7 Brand Intelligence

About White Shark

White Shark is a company based in Dubai (United Arab Emirates) founded in 2021 by Rizwan Shaikh, Shantanu Dixit, and Avani Shantanu Dixit was acquired by SOEDESCO in September 2023. White Shark has raised $16 million across 1 funding round from investors including SOEDESCO. The company has 1 employees as of April 08, 2024. White Shark operates in a competitive market with competitors including Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.

  • Headquarter Dubai, United Arab Emirates
  • Employees 1 as on 08 Apr, 2024
  • Founders Rizwan Shaikh, Shantanu Dixit, Avani Shantanu Dixit
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Whiteshark Technology Private Limited
  • Date of Incorporation 18 Nov, 2020
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Technology → Blockchain, Web3 & Digital Assets Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $27.37 K (USD)
    62.58
    as on Mar 31, 2023
  • Net Profit
    $5.71 K (USD)
    539.11
    as on Mar 31, 2023
  • EBITDA
    $7.81 K (USD)
    9.35
    as on Mar 31, 2023
  • Total Equity Funding
    $16 M (USD)

    in 1 rounds

  • Latest Funding Round
    $16 M (USD), Series B

    May 29, 2023

  • Investors
  • Employee Count
    1

    as on Apr 08, 2024

  • Acquired by
    SOEDESCO

    (Sep 06, 2023)

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People of White Shark

Headcount 1-10
Employee Profiles 2
Employee Profiles
People
Shantanu Dixit
Co-founder And CEO
People
Rizwan Shaikh
Chief Technology Officer

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Teams

Funding Insights of White Shark

White Shark has successfully raised a total of $16M through 1 strategic funding round. The most recent funding activity was a Series B round of $16 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in White Shark

White Shark has secured backing from 1 investor. Prominent investors backing the company include SOEDESCO.

All
Investor Description Founded Year Domain Location
Video game publishing and development for multiple gaming platforms worldwide.
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Investor details for White Shark

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Investments & Acquisitions by White Shark

Investments
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Investment portfolio details for White Shark

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Financial Statements - White Shark

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Detailed financials for White Shark

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White Shark Comparisons

White Shark Primary company
Description
AI based layer 1 public blockchain network
Location
Dubai, United Arab Emirates
Founded Year
2021
Annual Revenue
$27.37 K (USD)
Net Profit
$5.71 K (USD)
EBITDA
$7.81 K (USD)
Employees
1
As of 2024
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Peer comparison for White Shark

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Competitors of White Shark

White Shark operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Solana, Ankr, Mysten Labs, O(1) Labs and Chain, among others.

Company Name Domain Founded year HQ Location Description
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Blockchain infrastructure for transactions and counting is provided by Solana.
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Web3-native infrastructure for blockchain development and decentralization is provided.
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Web3 infrastructure solutions are offered via a blockchain platform.
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Provider of a blockchain network
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Blockchain infrastructure is offered for financial application development.
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A blockchain-based public network is operated for decentralized application development.
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Detailed competitors of White Shark

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Latest news on White Shark

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Complete news archive for White Shark

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Frequently Asked Questions about White Shark

White Shark was founded in 2021 and raised its 1st funding round 2 years after it was founded.

White Shark is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

Shantanu Dixit is the current CEO of White Shark. They have also founded this company.

White Shark is a funded company, having raised a total of $16M across 1 funding round to date.

As of Apr 08, 2024, the latest employee count at White Shark is 1.

Annual revenue of White Shark is $27.37K as on Mar 31, 2023.

White Shark was founded in 2021 in Dubai, United Arab Emirates, as an AI-integrated layer 1 public blockchain network. Operations focus on the metaverse for no-code development, blockchain-as-a-service, asset management, entertainment NFTs, banking functions, video streaming, student data monitoring, antivirus protection, hackproof smart contracts, healthcare data storage, digital identities, and infrastructure cost offsetting. The platform supports various sectors including finance, education, and health.

White Shark's top competitors include Mysten Labs, Solana and O(1) Labs.

White Shark has 1 investor. Key investors include SOEDESCO.

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