Pharos raises $44M in Series A funding, achieving a $1B valuation with support from GCL New Energy to enhance its RealFi infrastructure.
Amount Raised
$44 Million
Round Type
Series A
Hong Kong SARArtificial IntelligenceBlockchainCryptocurrencyInvestors
Description
Pharos has launched its Pacific Ocean Mainnet and $PROS token, achieving a $1B valuation bolstered by a $44M Series A funding round. The funding, led by a mix of traditional technology and finance investors, aims to address fragmentation in the real-world assets ecosystem. With over 50 dApps and a $10M incubator, Pharos is set to scale institutional asset issuance. The strategic partnership with GCL New Energy highlights significant institutional demand for the network's offerings.
Quick answer
Pharos Network raised $44 Million in a Series A round, dated May 2, 2026. Investors: Hack VC, Lightspeed Faction, Chainlink and Sumitomo Corporation. Pharos Network is based in Hong Kong SAR, China.
- How much did Pharos Network raise?
- Pharos Network raised $44 Million in a Series A round on May 2, 2026.
- Who invested in Pharos Network?
- Hack VC, Lightspeed Faction, Chainlink and Sumitomo Corporation are named as investors in this round.
- What does Pharos Network do?
- Pharos Network is a revolutionary Layer 1 blockchain platform that sets new benchmarks in decentralized technology with its extreme performance and scalability.
- Where is Pharos Network based and how big is it?
- Pharos Network is based in Hong Kong SAR, China.
Source: Fundz verified event record.
Who else raised in Blockchain and Cryptocurrency around the same time
Companies in the same sectors as Pharos Network that raised within 45 days of this round, from Fundz verified event records.
- MNX raised $6.4M (Pre-Seed) on June 10, 2026.
- Ingenuity Trading raised $4.8M (Seed) on June 9, 2026.
- Alpha Compute raised $2M on May 27, 2026.
- Capital B raised $20M (Funding Round) on May 19, 2026.
- XO Market raised $6M (Seed) on May 1, 2026.
- Ornn raised $34M on April 28, 2026.
Who to call at Pharos Network, and when
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- An alert the day Pharos Network raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pharos Network, from your own LinkedIn network
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Funding Insights
What this usually meansPharos Network raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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