About Dora Factory
Dora Factory is a Technology company based in United States founded in 2021 by Penny Wang and Jiannan Zhang. DAO-as-a-Service infrastructure is provided for organizations and communities. It operates in the Technology and Financial Services sectors. Dora Factory has raised $10 million across 4 funding rounds from investors including HashKey Exchange, DoraHacks and Nomad Capital. Its chief executive, as recorded, is Jiannan Zhang. Its focus areas include Blockchain Technology, Decentralized Autonomous Organizations, Service DAOs and FinTech.
Company details
Dora Factory was founded in 2021 and is based in the United States. Infrastructure for DAOs is offered by the company to facilitate decentralized operations for emerging organizations and communities. Services encompass tools for governance, funding, and collaboration within the blockchain sector. The firm was co-founded by Jiannan Zhang as CEO and Penny Wang as COO, with a focus on scalable DAO solutions across global networks.
- Headquarters United States
- Founders Penny Wang, Jiannan Zhang
- SectorsTechnologyFinancial Services
- Website dorafactory.org
- Social X
- Total Equity Funding$10M (USD)
in 4 rounds
- Latest Funding Round$10M (USD), Series A
May 2024
- InvestorsHashKey Exchange
& 19 more
Funding Insights of Dora Factory
Dora Factory has successfully raised a total of $10M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in May 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10M
- Total Rounds 4
- Last Round Series A — $10M
- Investors Count 20
All 4 funding rounds of Dora Factory with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $10M | Series A | – | – | |
| Dec 2023 | Seed | – | dao5, Whampoa Digital | – | |
| Mar 2021 | $4.84M | Token Sale | – | – | – |
| Feb 2021 | Seed | – | HashKey |
20 investors in total: 20 institutional.
Investors in Dora Factory
Dora Factory has secured backing from 20 investors, including venture fund and institutional investors. Prominent investors backing the company include HashKey Exchange, DoraHacks and Nomad Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech investments are made stage-agnostically in China and the US. | sky9capital.com | Shanghai, China | ||
Interop is engaged in funding blockchain and DeFi startups. | 2013 | interop.ventures | ||
Seed-stage tech investments are made primarily in China. | longling.com | Xiamen, China | ||
Blockchain sector investments are managed by this venture capital fund. | nolimitholdings.xyz | |||
Blockchain startups are funded through venture capital investments. | signum.capital | Singapore, Singapore | ||
Venture capital fund focused on cryptocurrency | 2022 | dao5.com | British Virgin Islands, United Kingdom | |
Blockchain-based startups are funded by NGC venture capital firm. | ngc.fund | Shanghai, China | ||
Blockchain and digital asset startups are invested in by DFG. | dfg.group | Singapore, Singapore | ||
Crypto startups are funded by SNZ venture capital operations. | snzholding.com | Shanghai, China | ||
Blockchain sectors are targeted for investments by AU21 Capital. | au21.capital | San Francisco, United States |
Investor details for Dora Factory
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Dora Factory
2 people are tracked at Dora Factory (2 in leadership).
| Name | Role | Group |
|---|---|---|
Penny Wang | Co-Founder & COO | Leadership |
Jiannan Zhang | Co-Founder & CEO | Leadership |
Complete people profiles for Dora Factory
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Dora Factory
3 dated milestones of Dora Factory across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Dora Factory is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $10.0M.
Top companies in Blockchain & Decentralized Infrastructure
3 companies that operate in the same segment as Dora Factory (Blockchain & Decentralized Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 | ||
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | 708 | ||
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | 166 |
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Frequently Asked Questions about Dora Factory
Dora Factory was founded in 2021.
Dora Factory is headquartered in United States.
Jiannan Zhang is the CEO of Dora Factory, as recorded in our data. They have also founded this company.
Dora Factory is a funded company, having raised a total of $10M across 4 funding rounds to date.
Dora Factory was founded in 2021 and is based in the United States. Infrastructure for DAOs is offered by the company to facilitate decentralized operations for emerging organizations and communities. Services encompass tools for governance, funding, and collaboration within the blockchain sector. The firm was co-founded by Jiannan Zhang as CEO and Penny Wang as COO, with a focus on scalable DAO solutions across global networks.
Dora Factory has 20 investors. Key investors include HashKey Exchange, DoraHacks, Nomad Capital, dao5, and Sky9 Capital.