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Strategy

Cathie Woods’ ARK makes its first lead investment in startup Lucra — and it isn’t AI

ARK Invest backs Lucra's $20M Series B gamified loyalty platform as its first venture lead investment, signaling a strategic diversification beyond AI-focused bets.

Wednesday, April 22, 2026 12:00 PM UTC2 MIN READSOURCE: TechCrunchBY sys://pipeline

ARK Invest Venture Fund announced its first-ever lead investment, backing Lucra's $20M Series B. Lucra builds a software platform that gamifies corporate loyalty programs into interactive tournaments where customers compete and win prizes. The investment marks a strategic expansion for ARK beyond its typical public market focus.

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