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Dora, a Multi-chain Search Engine and Explorer, closes $5.5M Seed Funding Round co-led by Dragonfly and Lemniscap


Multi-chain Search Engine and Explorer

July 09, 2024


Dora, a unified search and action engine for the multichain world, has successfully completed an early stage funding round, raising $5.5 million. The funding round was jointly led by Dragonfly Capital and Lemniscap, with contributions from Robot Ventures, Ethereal Ventures, Maven11, and Arche Capital. Notable angel investors, including Rushi Manche, Co-Founder of Movement Labs, and Dino Savonin, Co-Founder of Fluent, also participated.

Project

Latest Raise

Latest Raise Date

Stage

Lead Investor

Category

Dora

$5.5M

July 09, 2024

Seed Funding

Dragonfly, Lemniscap

Web3

The raised funds will be used to improve Dora's innovative search and unified crosschain transaction capabilities, and to broaden their partnerships with blockchain networks across all virtual machines.


Dora stands out as the only multichain search engine that offers search capabilities and crosschain transactions through a unified interface. As more applications begin to utilize both online and onchain infrastructure, the ability to search becomes essential for comprehensibility and accessibility. Dora's extensive block explorer and search solutions provide users and developers with easy access to onchain data, promoting wider adoption of blockchain technology. At present, Dora supports over 20 chains, including Ethereum, Arbitrum, Base, Celo, Scroll, Rari, Palm, and Xai.


The financial backing for Dora comes on the heels of support from major industry partners. This includes the most substantial grant ever given by Arbitrum subDAO, along with grants from Gnosis, Scroll, and the Ocelot treasury for Celo.


About Dora

Dora, also known as OnDora, is a Multi-chain Search Engine and Explorer. It is designed to serve as the human layer to chains, bridges, and DApps. The platform leverages human readability at all levels of complexity, coupled with a modular infrastructure. This allows Dora to provide searchability, leading to a better understanding and catalyzing mass adoption of on-chain ecosystems.


Dora’s platform allows users to search transfers on various chains such as Ethereum, Celo, Base, Scroll, Sepolia, Palm, Testnet Xai, and others. It is building a multi-ecosystem search engine that provides easy access to on-chain data. This is crucial as applications increasingly leverage both online and on-chain infrastructure.


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Multi-chain Search Engine and Explorer

About Investor

The funding round was jointly led by Dragonfly Capital and Lemniscap, with contributions from Robot Ventures, Ethereal Ventures, Maven11, and Arche Capital. Notable angel investors, including Rushi Manche, Co-Founder of Movement Labs, and Dino Savonin, Co-Founder of Fluent, also participated




A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.

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