Particle Network, a modular blockchain developer focused on chain abstraction technology, has raised $15 million in a Series A funding round ahead of its mainnet launch. The round, co-led by The Spartan Group and Gumi Cryptos Capital, was structured as a simple agreement for future tokens (SAFT). With this funding, Particle Network plans to expand its team, onboard more developers and decentralized applications, and grow its community through marketing initiatives. The company’s mainnet and token launch, scheduled for the third quarter of this year, will introduce the Particle token, PARTI.
