According to PANews, Dora Factory, a decentralized governance infrastructure, has announced the completion of a $10 million strategic financing round. The funding round saw participation from Nomad Capital, No Limit Holdings, Yunjiu Capital, United Overseas Bank Singapore's Web3 risk investment fund UVM Signum Blockchain Fund, Longling Capital of Cai Wensheng, Cosmos ecosystem OG Interop Ventures, and Calvin Liu, co-founder of Eigenlayer. The funds raised will be used to accelerate the strategic expansion of Dora Factory's decentralized governance and public goods funding technology system.
Dora Factory is a technology protocol for decentralized governance and public goods. Its core products include Dora Vota, an open, permissionless, governance-focused Cosmos SDK application chain, aMACI, an anonymous privacy voting infrastructure, and multi-chain quadratic funding for democratizing the public goods funding process. The financing will further promote the application and long-term strategic expansion of Dora Factory's technology stack.