Karpatkey, a provider of on-chain fund management solutions for DAOs, has announced the completion of a $7 million funding round. This round of investors includes AppWorks Ventures and Wintermute Ventures, as well as a group of well-known angel investors such as Joe Lubin from ConsenSys, Stani Kuchelov from Avara, and Fernando Martinelli from Balancer Labs. The newly acquired funds will be specifically used to expand Karpatkey's service range to more DAOs and accelerate its expansion into traditional financial institutions.