Analytics and discovery platform DappRadar raises $2.3 million

Seed round led by Naspers Ventures

Analytics and discovery platform DappRadar has announced it’s raised a $2.3 million seed round.

The investment was led by Naspers Ventures, with participation from Blockchain Ventures and Angel Invest Berlin.

As part of the investment, Nasper’s early stage investment lead Banafsheh Fathieh will join the DappRadar board.

DappRadar’s focus on accurate data

DappRadar, which is based in Lithuania, says it will use the money for R&D to further develop its platform.

Currently it tracks over 2,500 across seven blockchains, and focuses on ensuring the accuracy of data by filtering it to remove fake and irrelevant activity and provide trustworthy, actionable market intelligence.

“In the short time since we founded DappRadar, we’ve seen the technology mature quickly and its commercial prospects are clearer,” said DappRadar CEO Skirmantas Januskas.

“With Naspers Ventures’ international consumer expertise and Blockchain.com’s industry knowledge, we are in an excellent position to harness this momentum to expand our business further.”

You can check out DappRadar via its website.

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