HomeCayman IslandsRaw Materials Ledger Tech Company Dorae Closes Funding

Raw Materials Ledger Tech Company Dorae Closes Funding


doraeDorae, a distributed ledger technology company for raw materials, raised an undisclosed first funding round.

The backers were not disclosed.

Dorae achieved a $24m valuation.

Led by Ricardo Santos Silva, Co-Founder and Executive Chairman, and Aba Schubert, Co-Founder and CEO, Dorae is a blockchain technology company serving commodities supply chain participants from primary producers to end manufacturers. The company enables compliance for processors and consumers of provenance-sensitive materials and enables automation and working capital efficiency across all products.

Dorae has offices in Palo Alto, London and the Cayman Islands.