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# Singaporean web3 startup Samudai raises $2.5 million in funding
- URL: https://www.techloy.com/singaporean-web3-startup-samudai-raises-2-5-million-in-funding/
- Published: 2022-06-08T18:20:03.000Z
- Updated: 2022-12-08T01:14:49.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: Web3, Tech in Singapore

[Samudai,](https://samudai.xyz/) a web3 decentralized autonomous organization (DAO) platform based in Singapore has raised $2.5 million in its pre-seed funding round from FTX Ventures, Sino Global Capital, and Coinbase Venture. 

- Founded in 2022, Samudai offers a productivity collection for DAOs, a project management network, and tool-based collaboration facilitation among web3 users.
- The firm will launch a beta platform later this year, it claims.
- Balaji Srinivasan and Sandeep Nailwal, Polygon founder participated in the round as angel investors.