According to Digital Journal, blockchain-as-a-service (Baas) startup Sparq Labs announced the launch of a $18 million Series A round of financing six months after it completed a $680,000 seed round. The new funds will be used to accelerate the construction of the cross-chain mesh SparqNet Gateway.
SparqNet is an SDK toolchain that acts as a protocol that allows users to build scalable blockchain infrastructure in C++ without relying on any VM.
