New York, New York, July 9th, 2024, Chainwire
Dora, the unified search and action engine for the multichain world, is thrilled to announce the successful close of a $5.5 million early stage funding round. Leading the round are Dragonfly Capital and Lemniscap, with support from Robot Ventures, Ethereal Ventures, Maven11, Arche Capital, and notable angel investors Rushi Manche and Dino Savonin. The funds will be used to enhance Dora's search capabilities, crosschain transactions, and collaborations with blockchain networks.
Dora is a groundbreaking multichain search engine that enables search and crosschain transactions through a unified interface. With the increasing use of online and onchain infrastructure, accessible search capabilities are essential. Dora's block explorer and search solutions empower users and developers by providing easy access to onchain data, driving broader adoption of blockchain technology.
Currently supporting over 20 chains including Arbitrum, Base, Celo, Scroll, Rari, Palm, and Xai, Dora offers a comprehensive solution for chains looking to boost developer adoption and ecosystem usage.
The funding follows significant support from industry partners such as Arbitrum, Gnosis, Scroll, and the Ocelot treasury for Celo. Dora's CEO, Bunny, stated, "This funding round showcases our investors' confidence in our vision for a unified multichain experience. By integrating interactivity at the Discoverability Layer, we aim to drive mass adoption of blockchain technology."
Partners at Dragonfly and Robot Ventures expressed their support for Dora's mission to make on-chain data accessible and interactive, highlighting the company's innovative approach to blockchain search and transactions.
Analysis: Dora's funding round signifies a major step towards revolutionizing blockchain search and crosschain transactions. With the ability to search and transact across multiple chains seamlessly, Dora is paving the way for broader adoption of blockchain technology. This innovative platform has the potential to simplify complexity for end users and drive mass adoption of decentralized technologies, ultimately shaping the future of the blockchain ecosystem.