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China-based hackathon organizer DoraHacks raises $20 million

DoraHacks, [https://dorahacks.io/] a China-headquartered Hackathon organizer has raised $20 million in its new funding round from FTX Ventures and Liberty Ventures among others. * The funds will be used to launch Dora Grant DAO, a decentralized grant community, and Dora Infinite Fund, a venture fund focused on non-fungible tokens

Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi
China-based hackathon organizer DoraHacks raises $20 million
Photo by Shubham Dhage / Unsplash

DoraHacks, a China-headquartered Hackathon organizer has raised $20 million in its new funding round from FTX Ventures and Liberty Ventures among others.

  • The funds will be used to launch Dora Grant DAO, a decentralized grant community, and Dora Infinite Fund, a venture fund focused on non-fungible tokens (NFTs).
  • DoraHacks has organized hackathons for more than 200 Web3 startups and developer teams like Solana, Polygon, and Avalanche ecosystems among others.
  • It last raised $8 million in November 2021 in a round led by Binance Labs.
  • Other participants in the new round include Circle Ventures, Gemini Frontier Fund, Sky9 Capital, Crypto.com Capital and Amber Group.
Oluwajuwonlo Afolabi profile image
by Oluwajuwonlo Afolabi

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