POPA ReconPharos raises $44M in a Series A Found
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/20418504900788184…
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