Web3 insurtech startup Takadao has completed a $1.5 million seed round financing, with participation from Hasan VC and others

The Web3 insurtech startup Takadao, based in Saudi Arabia, announced the completion of a $1.5 million seed round financing, with participation from Hasan VC, Syla Invest, Wahed Ventures, Ice Blue Fund, Istari Ventures, and Adverse. To date, its total financing has reached $3.1 million. The new funds are intended to support the development of services such as life insurance payouts and investment returns issued in the form of stablecoins, and will expand into markets such as Southeast Asia and the United States.