In a recent announcement on July 9th, 2024, ChainwireDora unveiled the completion of a highly successful early stage funding round amounting to $5.5 million. This funding round was co-led by two prominent venture capital firms, Dragonfly Capital and Lemniscap, with participation from Robot Ventures, Ethereal Ventures, Maven11, and Arche Capital. Additionally, notable angel investors such as Rushi Manche, Co-Founder of Movement Labs, and Dino Savonin, Co-Founder of Fluent (NASDAQ: FLNT), also contributed to the funding. The primary objective behind this capital infusion is to bolster Dora’s revolutionary search capabilities, unified crosschain transaction functionalities, and expand its partnerships with various blockchain networks across different virtual machines.
Dora prides itself on being the only multichain search engine that offers both search functionalities and crosschain transactions within a unified interface. In a landscape where applications are increasingly reliant on both online and onchain infrastructure, having accessible search capabilities is deemed crucial for enhancing understandability and accessibility. Dora’s comprehensive block explorer and search solutions empower users and developers by providing seamless access to onchain data, thereby propelling the broader adoption of blockchain technology. Currently, Dora supports over 20 chains, including Ethereum, Arbitrum, Base, Celo, Scroll, Rari, Palm, and Xai.
The Dora platform features a multichain Block Explorer designed to scour blockchain data for EVM chains, APIs for accessing enriched token and NFT information, efficiently organized data structures for simplified data retrieval (powered by Goldsky and Simplehash), transaction capabilities such as swaps and mints, and an embedded wallet. These offerings collectively serve as a holistic solution for chains aiming to foster developer adoption and stimulate the usage of their ecosystem.
Dora has garnered substantial support from key industry players, including receiving the largest ever Arbitrum subDAO grant and grants from Gnosis, Scroll, and the Ocelot treasury for Celo. The enthusiasm and backing from these industry partners underscore the significant impact that Dora is poised to make in revolutionizing the search experience within the multichain world.
Bunny, CEO and Co-Founder of Dora, reiterated the critical role of a crypto search engine in spurring the widespread adoption of onchain products and services. The recent funding round reflects the investors’ unwavering confidence in Dora’s vision of delivering an integrated and unified multichain experience. By incorporating interactivity at the Discoverability Layer, Dora aims to propel the mass adoption of blockchain technology and facilitate the transition towards a multichain, and soon multiVM world.
Tom Schmidt, a Partner at Dragonfly, expressed the alignment of Dora’s mission with their vision for the future of blockchain technology. He emphasized how Dora’s search and explorer tools are unleashing new possibilities within the blockchain space. Similarly, Tarun Chitra, Partner at Robot Ventures, commended Dora for making blockchain data comprehensible and accessible to a broader audience, calling their approach revolutionary. Roderik van der Graaf, Founder of Lemniscap, also shared his excitement about co-leading the investment round for Dora, highlighting the company’s unique approach to search and interactivity within the multichain realm.
About Dora and Lemniscap
Dora stands out as the Unified Search Engine for the Multichain World, collaborating with numerous blockchain networks and rollup teams to offer extensive block explorer and search solutions. Lemniscap, on the other hand, is an investment firm that focuses on investments in emerging crypto assets and blockchain startups. With a team of skilled individuals from various backgrounds, Lemniscap remains committed to supporting innovative technologies in the blockchain ecosystem.
Dora’s transformative approach to multichain search and transaction functionalities positions it as a trailblazer in the blockchain space. As the company continues to forge strategic partnerships, receive industry support, and secure investor backing, the future looks promising for Dora and its mission to revolutionize the way we interact with blockchain technology.