Middleware Platform Particle Network Raises $7 million with Animoca Brands Involved

Middleware platform Particle Network has raised $7 million from investors including Animoca, Longhash Ventures, GSR Ventures, and HashKey. The funds from the raise will be used to further improve its security offerings and expand the team.

Founded early last year, the startup's core product is a login and wallet middleware solution that helps developers integrate a user-friendly web3 authentication solution into their DApps.

Particle Network has a range of other offerings, from node services to a data API and an NFT service. It aims to become a full-stack middleware platform for web3 developers.

Particle Network's tooling is multi-chain available on all Ethereum Virtual Machine (EVM) chains, and Solana and Tron. The startup also reportedly plans to launch on Near this month and Aptos the following month.