DappRadar, a Lithuanian blockchain startup which is a platform for discovering and analyzing blockchain-based decentralized applications (DApps), announced that it raised $2.33 million in seed funding.
The platform announced the closing of a $2.33 million seeding round, which was led by Naspers with participation from Blockchain.com Ventures, a venture capital fund and subsidiary of Blockchain.com, and Angel Invest Berlin. Naspers is a South African-based global internet and media group.
DappRader which tracks over 2,500 dapps across seven blockchains explained that the investment in DappRadar will be primarily used for research and development and to help the business expand its services.
A managing partner at Blockchain.com Ventures, Samuel Harrison, said that DappRadar is playing a vital role in bringing trust, transparency and discovery to the fragmented world of dapps.