DaoLens, a decentralised autonomous organisation(DAO) service provider has raised an undisclosed amount in funding from 36 angel investors, including Nazara CEO Manish Agarwal, CoinDCX co-founders Sumit Gupta and Neeraj Khandelwal and Softbank’s Varun Khurana.
In June, DaoLens raised $5 million in funding led by Nexus Venture Partners and also included angels like Balaji Srinivasan, Polygon’s Sandeep Nailwal & Animoca Brands’ Simon Doherty.
The latest funding is an extension of the previous round. DAOLens will be dropping one-of-a-kind, non-transferable non-fungible tokens (NFTs) to a select few investors today “as a token of their gratitude for believing in the long-term vision”, the company said in a press release calling it “one of the most dense pre-seed funding rounds in history”
Founded by Vikram Aditya and Apoorv Nandan in January, DaoLens is a Web3 startup eyeing to simplify how DAOs function through a suite of tools aimed at facilitating the discovery, onboarding, and contribution processes between DAOs and their community members.
“To build a DAO-first world, we need to simplify the way DAOs operate – in terms of contribution and management. DaoLens wants to solve the fundamental bottlenecks in the system so DAOs can become mainstream and a sustainable option for companies in the long run,” Aditya said in a statement.