# Particle Network Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/particle-network-labs

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: www.particle.network/
- Total disclosed funding: $22M
- Latest round: Series A (Jun 20, 2024)
- Investors on record: 16

## About

Based in Singapore, and founded in 2021 by Pengyu Wang (CEO), Particle Network Labs, Inc. operates as a software company that provides a data platform for Web3 mobile apps that allows developers to create scalable, multi-chain, and dependable Web3 mobile apps. In March 2023, Particle Network Labs, Inc. raised USD 7 million in seed funding led by ABCDE Capital, Animoca Brands, GSR Ventures, HashKey Capital, and OP Crypto, with participation from LongHash Ventures.

Particle Network Labs, Inc. is a developer of a web3 data and development platform that improves the productivity and dependability of decentralized application development. The company's technology supports developers in properly organizing on-chain data while also allowing for smooth integration of this processed data with their own client data. This gives developers the ability to improve and scale their decentralized applications.

The company plans to use the March 2023 funding to help increase operations and its research and development activities.

## Funding rounds

- Series A, Jun 20, 2024, $15M — UOB Venture Management, YZi Labs, HashKey Capital, SNZ Capital, Gumi Cryptos Capital, SevenX Ventures, Morningstar Ventures, MH Ventures, Spartan Group, Flow Traders, 071Labs
- Seed, Mar 24, 2023, $7M — GSR Ventures, HashKey Capital, LongHash Ventures, Inception Capital, Animoca Brands, ABCDE Capital

## Investors

- GSR Ventures (https://capitalatlas.ai/funds/gsr-ventures) — Seed
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Seed, Series A
- LongHash Ventures (https://capitalatlas.ai/funds/longhash-ventures) — Seed
- Inception Capital — Seed
- Animoca Brands (https://capitalatlas.ai/funds/animoca-brands) — Seed
- ABCDE Capital — Seed
- UOB Venture Management (https://capitalatlas.ai/funds/uob-venture-management) — Series A
- YZi Labs (https://capitalatlas.ai/funds/yzi-labs) — Series A
- SNZ Capital (https://capitalatlas.ai/funds/snz-capital) — Series A
- Gumi Cryptos Capital (https://capitalatlas.ai/funds/gumi-cryptos-capital) — Series A
- SevenX Ventures (https://capitalatlas.ai/funds/sevenx-ventures) — Series A
- Morningstar Ventures (https://capitalatlas.ai/funds/morningstar-ventures) — Series A
- MH Ventures (https://capitalatlas.ai/funds/mh-ventures) — Series A
- Spartan Group (https://capitalatlas.ai/funds/spartan-group) — Series A
- Flow Traders (https://capitalatlas.ai/funds/flow-traders) — Series A
- 071Labs — Series A