Dora Factory Provided $10 Million Strategic Financing

24 May 202414:09 GMT+3

Dora Factory, a leading decentralized governance infrastructure, announced the completion of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore's UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng's Longling Capital and nine other well-known institutional investors participated in the round.

The investment will accelerate the adoption and strategic expansion of Dora Factory's decentralized governance and public goods finance technology stack.

Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include its flagship Public Good Staking infrastructure, which enables block incentive-driven ecosystem financing; Dora Vota, a Cosmos SDK application chain that hosts dGov protocols; It features anonymous MACI and public MACI, a privacy-preserving, collusion-resistant zk voting infrastructure, and a multi-chain Quadratic Governance protocol stack, an on-chain mechanism that democratizes public goods financing.