What is Particle Network?
Headquartered in Singapore, Particle Network operates as a mobile-first, data-driven, and composable platform for Web3.0. The company focuses on providing essential data and development tools for the decentralized web, positioning itself as a key infrastructure provider in a rapidly evolving digital landscape. Its emphasis on composability suggests a strategy to integrate seamlessly with other Web3.0 protocols and applications, fostering a more interconnected ecosystem.
How much funding has Particle Network raised?
Particle Network has raised a total of $18.3M across 3 funding rounds:
Other Financing Round
$1.5M
Angel/Seed
$1.8M
Series A
$15M
Other Financing Round (2022): $1.5M with participation from LongHash Ventures
Angel/Seed (2023): $1.8M led by LongHash Ventures, CyberConnect, Monad, and Insignia Ventures Partners
Series A (2024): $15M supported by SevenX Ventures, gumi Cryptos Capital, Flow Traders, The Spartan Group, Morningstar Ventures, and HashKey Capital
Key Investors in Particle Network
SevenX Ventures
SevenX Ventures is an investment company that specializes in crypto investment operations, focusing on the burgeoning Web3.0 space.
gumi Cryptos Capital
gumi Cryptos Capital is a venture capital firm investing in blockchain and cryptographic assets, with a focus on the crypto native stack from Layer 1 to application layers.
HashKey Capital
HashKey Capital is a global digital asset and blockchain leader, providing institutional investment and support for founders and talent advancing the blockchain industries.
What's next for Particle Network?
The recent major strategic investment, coupled with previous funding rounds including a Series A, indicates Particle Network is poised for significant scaling and product development. This capital infusion will likely fuel expansion into new markets, enhance its platform capabilities, and strengthen its position against competitors. The company's focus on mobile-first and data-driven solutions suggests a strategic push to capture a larger share of the growing Web3.0 user base and developer community.
See full Particle Network company page