TechFlow News — Particle Network, a modular blockchain developer focused on chain abstraction technology, has raised $15 million in its Series A funding round. The round was co-led by Spartan Group and Gumi Cryptos Capital, with participation from SevenX Ventures, Morningstar Ventures, Flow Traders, HashKey Capital, and others.
The Series A brings Particle's total funding to $25 million. Particle Network is currently in the first phase of its testnet and has reportedly registered approximately 1.3 million universal accounts and over 114 million transactions.
Particle Network’s second testnet phase is expected to launch this week, with the mainnet planned for the third quarter of this year. The Particle token (PARTI) will also be launched alongside the mainnet.
