According to BlockBeats, DAOBase, an AI-driven data and infrastructure platform tailored for Decentralized Autonomous Organizations (DAOs), has announced the completion of a $6 million funding round. The investment was led by SevenX Capital, AntAlpha Ventures, Tanuki Studio, y2z Ventures, Slingshot Labs, LD Capital, Mix Marvel DAO Venture, TI Capital, Bitrise Capital, and notable individual investors such as Sébastien Borget, co-founder of The Sandbox, and Dmytro Kotliarov, co-founder of DeXe Protocol.

DAOBase specializes in providing DAOs with advanced algorithms to build their on-chain and off-chain data reputation layers. This enables users to intelligently monitor DAO governance, make informed decisions, and explore future work models. The platform seamlessly integrates with six blockchains, covering over 160,000 DAOs and 6 million voters, making it the largest DAO aggregator and analytics platform in the market.

The newly raised funds will primarily be allocated towards product development, market promotion, and global expansion. DAOBase aims to further enhance its platform's capabilities, scale its operations, and offer smarter and more efficient governance solutions for DAOs. The company is set to enter a rapid development phase in Q4 2024. Recently, DAOBase launched DAOBadgeX, an on-chain reputation system for Web3 governance users, and plans to introduce more platform asset series in the future. These innovations are expected to further improve the platform's functionality and user experience, helping more DAOs achieve intelligent and efficient governance.