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)

ChainCatcher news, Sparq Labs Inc., the company behind the blockchain infrastructure, SDK toolchain, and services of SparqNet, announced the completion of a $680,000 seed round financing, with specific investor information currently undisclosed.It is reported that SparqNet primarily provides tools and services for blockchain networks and supports distributed blockchain bridging capabilities through infrastructure supported by Avalanche, allowing programming in any language. The company plans to leverage acceleration technology to develop and promote the launch of a testnet in the fourth quarter of this year, expanding potential use cases such as decentralized email, arbitrage bots, and supply chain management. (Source link)