Pharos Network Raises Approximately JPY 7 Billion in Series A Funding with Participation from Sumitomo Corporation

Pharos Network, a blockchain developer focused on Real World Assets (RWA), has announced the completion of its Series A funding round, raising $44 million (approximately JPY 7 billion). This round, conducted in November 2024, along with an $8 million seed funding, brings the total capital raised to $52 million (approximately JPY 8.3 billion). The seed funding was led by Lightspeed Faction...