DAOSquare has completed its first round of funding, at a valuation of 15 million USD. Strategic investment partners include: Youbi, SNZ, GBV, IOSG, MetaCartel Ventures China, Mask Network, and BR Capital, as well as some individual investors such as DODO co-founder Diane Dai have also participated in this funding raise.

Born in the well-known Ethereum community MetaCartel, DAOSquare is dedicated to constructing a Web3 Y·Combinator-style incubator in the Web3 era. In April, DAOSquare will launch the core components of the incubator: an incubation system based on the core DAO concept, and launch the first phase of its global incubation plan.