Buidler DAO raises $2M from Sequoia, Seven X and Gate Labs

The crypto community Buidler DAO has completed a financing round from 2 million dollars led by Sequoia China and Seven X Ventures.

Founded in the summer of 2022, Buidler DAO presents itself as a ” network of projects and talents web3 “. The initiative brings together developers, researchers and operators and aims to offer an infrastructure and gas pedal for crypto projects.

This Monday, Buidler DAO has announced that it has completed a 2 million round of financing led by the Chinese branch of venture capital firm Sequoia and Singaporean VC Seven X Ventures.

Following the transaction, which also includes the participation of Bing Ventures, DRK Lab, Gate.io’s investment vehicle, and Conflux Network, Builder DAO plans to accelerate the development of its community.

Read:  Demox Labs raises $4.5M and launches its Leo crypto wallet

Sound portfolio on its website has a dozen projects with the social network web3 Nextmeloan protocol UbiloanChrome security extension Metashieldthe reputation platform Vitae3 or the NFT monitoring solution iSnoopy.

BuidlerDAO had already raised half a million dollars from Chinese fund Panda Capital and joined the Yué program of the Sequoia China Entrepreneurship Accelerator.

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