A decentralized search startup Sepana raises $10 million in funding round

Sepana, a decentralized search startup, closed a $10 million funding round.

The $10 million funding round was led by the venture capital firms Hack VC and Pitango First, according to decentralized search startup Sepana, which made the announcement today.

In the startup’s funding round, Protocol Labs, Lattice Capital, and Balaji Srinivasan also participated.

Daniel and David Keyes, two brothers, founded Sepana, which aims to increase the discoverability of web3 content like DAOs and NFTs through its search tooling.

A future web3 search API that aims to make it possible for any decentralized application (dapp) to integrate with its search infrastructure is one way it plans to achieve this.

It asserts that its tooling powers millions of searches on blockchains and dapps like Lens and Mirror.

The funding will be used to launch a product, hire senior blockchain engineers and search specialists, and support the “search community” that will surround the product.

The company’s long-term goal is to create a fully decentralized peer-to-peer search protocol.

According to the statement, this infrastructure will aid in building information bridges between decentralized applications and protocols to enhance search results while putting privacy first.