Post #11910

Pharos raises $44M in a Series A Found Investors in the round include Sumitomo Corporation's CVC arm, SNZ Holdings, Chainlink, and Flow Traders. The raise follows an earlier seed round where the firm raised $8M backed by Lightspeed Faction and Hack VC. It also comes after a recent investment from GCL New Energy (0451) that valued the firm at nearly $1B. Pharos's mainnet is expected to debut in the near future. Pharos builds the fastest EVM-compatible Layer 1 for RWAs and cross-chain liquidity, built to unify Web2 and Web3 at internet scale. 🔗x.com/pharos_network/status/2041850490078818490 Top 7 Ecosystem:Alpha| X | Aggregator