Blockchain-as-a-Service startup Sparq Labs announces $18 million Series A funding

ChainCatcher news, according to Digital Journal, blockchain-as-a-service (BaaS) startup Sparq Labs announced the launch of a $18 million Series A funding round, just six months after the company completed a $680,000 seed funding round. The new funds will be used to accelerate the development of the cross-chain mesh SparqNet Gateway.

It is reported that SparqNet is an SDK toolchain that acts as a protocol, allowing users to build scalable blockchain infrastructure using C++ without relying on any VM. (source link)