Particle Network Labs, Inc.

Based in Singapore, Particle Network Labs, Inc. specializes in creating blockchain solutions that simplify user engagement and interaction across multiple blockchain platforms. Particle Network Labs, Inc. was founded in 2021 in Singapore and focuses on developing innovative blockchain technologies.

The company has successfully completed a total of 3 deals, with their most recent funding round occurring on June 20, 2024. This Series A round raised USD 15. 00 mn, with notable participation from 071Labs, Flow Traders, Gumi Cryptos Capital, HashKey Capital, and others. The company was founded by Pengyu Wang, who has previous entrepreneurial experience in the tech sector.

Particle Network offers a suite of innovative products designed to streamline user onboarding and enhance interaction with blockchain applications. Their core offerings include Universal Accounts, which facilitate seamless user access across various blockchains without the need for traditional seed phrases or wallet downloads, allowing users to log in via OAuth methods. Additionally, the platform supports multi-chain operations, enabling users to transact using assets from any blockchain while abstracting complex bridging processes. The company's solutions are tailored for developers and enterprises seeking to create chain-agnostic applications, focusing on providing a retail-friendly environment.

Their products have garnered attention primarily in North America and Europe, where a growing number of dApps and digital asset platforms are seeking to enhance user experience and engagement. Particle Network generates revenue through a combination of service fees and partnerships, facilitating transactions between their platform and client applications. The company reported a revenue of USD 604,143. 90 for the year 2025, with an EBITDA of USD -1,064,838.

70. Their revenue model is structured around B2B agreements, where developers and businesses pay for access to the Universal SDK and additional features, such as Account Abstraction and gas fee sponsorship services. Clients engage in tiered pricing plans based on usage levels or specific service features, allowing for scalable integration into their applications. Flagship offerings, such as the Universal Accounts and Account Abstraction, are central to their revenue stream, appealing to a client base that values simplicity and efficiency in blockchain interactions.

In June 2024, Particle Network Labs, Inc. raised USD 15 mn in Series A funding, co-led by new investors Spartan Group and Gumi Cryptos Capital, with participation from several other investors. The company plans to utilize the funding to hire additional members of its engineering and operations teams, aiming to attract more developers, public blockchains, and decentralized applications into its platform. Future growth initiatives include the development of new products and enhancements to existing features to further streamline user engagement, with planned expansions into new markets across Asia and Europe by the end of 2025.