Dora Announces Close of $5.5M Early Stage Funding Round co-led by Dragonfly and Lemniscap By Chainwire
From Investing.com: 2024-07-09 12:30:37
Dora, a multi-chain search engine, successfully closed a $5.5 million early stage funding round co-led by Dragonfly Capital and Lemniscap. The funds will enhance Dora’s search capabilities and crosschain transactions, driving adoption of blockchain technology. Dora supports over 20 chains including Arbitrum, Celo, and Rari. The platform provides a multichain Block Explorer and APIs for developers to access blockchain data.
Key industry partners support Dora, with grants from Arbitrum, Gnosis, Scroll, and the Ocelot treasury for Celo. CEO Bunny aims to create a unified multichain experience. Investors like Dragonfly Capital believe Dora’s technology will contribute significantly to decentralized technology mass adoption. The platform integrates multiple chains into a seamless search experience, making blockchain data accessible to a wider audience. Lemniscap co-led the investment round, highlighting Dora’s innovative approach to search and interactivity in the multichain world.
Dora aims to drive mass adoption of blockchain technology by making on-chain data accessible and interactive. The platform offers comprehensive search and explorer tools, unlocking new potentials in the blockchain space. Investors like Robot Ventures are confident in Dora’s innovative approach to integrating multiple chains into a seamless search experience. Dora’s technology is seen as crucial in managing complexity for end users in a future with numerous blockchains.
Lemniscap, an investment firm specializing in emerging crypto assets and blockchain startups, co-leads the investment round for Dora. The firm is committed to fostering groundbreaking technologies in the blockchain ecosystem and supports Dora’s unique approach to search and interactivity in the multichain world. Dora aims to enhance the accessibility of onchain data through innovative search capabilities, driving understandability and mass adoption of blockchain technology.
Read more at Investing.com: Dora Announces Close of $5.5M Early Stage Funding Round co-led by Dragonfly and Lemniscap By Chainwire