PANews reported on May 23 that the decentralized governance infrastructure Dora Factory announced the completion of a $10 million strategic financing round. This round of financing was participated by Nomad Capital, No Limit Holdings, Yunqi Partners, UOB Venture Management's Web3 venture capital fund UVM Signum Blockchain Fund, Cai Wensheng's Longling Capital, Cosmos ecosystem OG Interop Ventures, Eigenlayer co-founder Calvin Liu, among others. 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 decentralized governance and public goods technology protocol. Its core products include the open and permissionless, governance-focused Cosmos SDK application chain Dora Vota, the anonymous privacy voting infrastructure aMACI, and multi-chain quadratic funding for the democratized public goods funding process. This financing will further promote the application and long-term strategic expansion of Dora Factory's technology stack.