Zora Secures $2 Million in Seed Funding on October 16, 2020

According to media reports, Zora raised $2 million in seed funding on October 16, 2020. The round was backed by Kindred Ventures, Coinbase Ventures, Trevor McFedries, Alice Lloyd George, and Jeff Staple. Following this investment, Zora’s total funding reached $52 million.Zora is a decentralized social networking platform built on Ethereum and Zora Network, designed to enable decentralized creation, connectivity, and economic incentives. The platform initially launched as an NFT marketplace protocol, providing creators with tools for minting, managing, and collecting NFTs.From a project development perspective, Zora continued to gain recognition from capital markets after completing its seed round. In March 2021 and May 2022, the company closed subsequent funding rounds totaling $50 million. Notably, in April 2025, Zora achieved a significant milestone with the official launch and airdrop of its platform token, ZORA. Shortly thereafter, ZORA was listed for spot and perpetual contract trading on several major exchanges, reflecting strong market endorsement and anticipation for the project.As a decentralized social networking platform, Zora is committed to building a more open and transparent creative ecosystem, offering new avenues for content creators to realize value. With the rapid evolution of the Web3 social sector, Zora is poised to exert greater influence in the decentralized social landscape.