TechFlow News, June 15 — According to official updates, blockchain monitoring and workflow automation platform PARSIQ has announced the completion of a $3 million Series A funding round.
This round was supported by the Solana Foundation and Axia8 Ventures, with participation from Mindworks VC, Krypital Group, CoinUnited, Transfero Swiss, Elevate Ventures, Sanctum Ventures, and others. Evan Cheng, Director of Research at Facebook's Novi Financial (formerly Calibra), also joined as an individual investor. Since raising funds through a public token sale in 2019, this venture capital round marks PARSIQ’s first fundraising from institutional investors.
The proceeds from this funding round aim to establish new strategic partnerships and better position PARSIQ within the cryptocurrency ecosystem, granting equity stakes to key project participants. Leveraging the expertise and market presence of its partners, PARSIQ will collaborate with the new investors on product development, market strategy, and marketing initiatives.
