TechFlow News — Global hacker organization and developer platform DoraHacks has announced an $8 million strategic investment from Binance Labs. DoraHacks is a Web3 developer platform, hackathon organizer, and decentralized open-source developer community; Binance Labs is the venture capital arm and incubator of Binance.
The funding will support both parties' shared vision for the long-term development of the Web3 developer community. DoraHacks currently has over 100,000 monthly active users, with developers and users spanning 152 countries worldwide, and has helped more than a thousand Web3 startups secure over $12 million in funding. Previously, DoraHacks announced it would co-host Season 3 of the Binance Labs Incubation Program.
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