Sorainen has helped DappRadar, a Lithuanian platform for discovering and analyzing blockchain-based decentralized applications, raise USD 2.33 million in seed funding from Naspers (through its Naspers Ventures division), Blockchain.com Ventures, and Angel Invest Berlin. TGS Baltic advised Naspers on the investment.
UAB Dappradar distributes and analyzes apps operating based on the decentralized blockchain technology. It will use the funds primarily for R&D.
The Sorainen team consisted of Partner Mantas Petkevicius and Senior Associates Vytautas Sabalys and Jonas Kiauleikis.