About Pharos Network
Pharos Network is a Technology company based in Tortola (British Virgin Islands) founded in 2024 by Meng Wu. Decentralized Layer-1 network platform is operated for payments and applications. Pharos Network has raised $8 million across 1 funding round from investors including Faction, Hack VC and SNZ. Its chief executive, as recorded, is Alex Zhang. Its website pharosnetwork.xyz draws about 407 thousand monthly visits. Pharos Network offers products and services including Pharos Blockchain, CLOB DEX, and Realtime Payment. Its focus areas include High Tech, Blockchain Infrastructure, Blockchain Network and Blockchain Technology.
Company details
Pharos Network was founded in 2024 and is headquartered in Tortola, United Kingdom. A decentralized Layer-1 blockchain platform is maintained to facilitate payments and applications, with a focus on underserved financial communities and asset markets. Operations emphasize secure, scalable infrastructure for decentralized finance and related services. Leadership includes CEO Alex Zhang and Co-Founder CTO Meng Wu, guiding development in the blockchain sector.
- Headquarters Tortola, British Virgin Islands
- Founders Meng Wu
- SectorsTechnology
- Website category Finance · Investing
- Website pharosnetwork.xyz
- Social LinkedIn X
- Total Equity Funding$8M (USD)
in 1 rounds
- Latest Funding Round$8M (USD), Seed
Nov 2024
- InvestorsFaction
& 10 more
Products & Services of Pharos Network
Pharos Network offers a comprehensive portfolio of products and services, including Pharos Blockchain, CLOB DEX, and Realtime Payment.
Ultra-fast EVM-compatible network for DeFi and TradFi integration.
On-chain platform for advanced order types with fast transaction finality.
Hybrid payment solution enabling seamless global transactions at low costs.
Funding Insights of Pharos Network
Pharos Network has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Seed round of $8 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $8M
- Total Rounds 1
- Last Round Seed — $8M
- First Round $8M
(Nov 2024)
- Investors Count 11
All 1 funding rounds of Pharos Network with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2024 | $8M | Seed | – | Faction VC, Hack VC |
11 investors in total: 11 institutional.
Investors in Pharos Network
Pharos Network has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Faction, Hack VC and SNZ.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Web3 venture capital firm partnering on blockchain projects. | hack.vc | |||
Crypto startups are funded by SNZ venture capital operations. | snzholding.com | Shanghai, China | ||
Dispersion Capital is focused on investing in decentralized web3 infrastructure. | dispersion.xyz | |||
Early-stage venture capital investments are provided by Legend Star. | legendstar.cn | Beijing, China | ||
Early-stage investments in disruptive technologies are targeted by the firm. | mhventures.io | London, United Kingdom | ||
Early-stage venture capital fund focused on blockchain projects. | faction.vc | |||
A venture capital firm specializing in blockchain and investment opportunities. | 2018 | hashglobal.io | Hong Kong, China | |
Early-stage investments are made in the machine economy sector. | genventures.xyz | |||
Provides crypto staking infrastructure for networks like Ethereum and Solana. | 2018 | chorus.one | Baar, Switzerland | |
Venture capital investments are made in coordination system technologies. | reforge.vc |
Investor details for Pharos Network
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Pharos Network
2 people are tracked at Pharos Network (2 in leadership).
| Name | Role | Group |
|---|---|---|
Alex Zhang | CEO | Leadership |
Meng Wu | Co-Founder & CTO | Leadership |
Complete people profiles for Pharos Network
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- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Pharos Network
2 dated milestones of Pharos Network, from founding to its latest funding, stage changes and deals.
- Founded Pharos Network is founded.
- Funding First funding round of $8.0M.
Web traffic of Pharos Network
The website of Pharos Network (pharosnetwork.xyz) receives about 407K visits a month and ranks #131,880 among all websites worldwide, #8,259 in Investing.
- Monthly visits407K
▼ 9.1% vs previous month
- Unique visitors50.2K
per month
- Global rank#131,880
among all websites
- Category rank#8,259
Finance · Investing
- Bounce rate40%
- Pages per visit1.9
- Average visit1 min 57 sec
- DevicesDesktop 92% · Mobile 8%
Websites whose visitors overlap most with Pharos Network. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
zan.top | zan.top | 100% | #649,802 | – | |
| debank.com | 98% | 1.1M | #47,908 | View details | |
| zealy.io | 97% | 597.1K | #40,867 | View details | |
x.ink | x.ink | 96% | #894,544 | – | |
onchaingm.com | onchaingm.com | 96% | #364,502 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 29 similar websites and full traffic analytics for Pharos Network
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- 29 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Pharos Network
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Frequently Asked Questions about Pharos Network
Pharos Network was founded in 2024.
Pharos Network is headquartered in Tortola, British Virgin Islands.
Alex Zhang is the CEO of Pharos Network, as recorded in our data.
Pharos Network is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Seed of $8M, raised on Nov 2024.
Pharos Network was founded in 2024 and is headquartered in Tortola, United Kingdom. A decentralized Layer-1 blockchain platform is maintained to facilitate payments and applications, with a focus on underserved financial communities and asset markets. Operations emphasize secure, scalable infrastructure for decentralized finance and related services. Leadership includes CEO Alex Zhang and Co-Founder CTO Meng Wu, guiding development in the blockchain sector.
Pharos Network offers Pharos Blockchain, CLOB DEX, and Realtime Payment.
Pharos Network has 11 investors. Key investors include Faction, Hack VC, SNZ, Reforge, and Dispersion Capital.
The website of Pharos Network receives about 407 thousand visits a month and ranks #131,880 among all websites worldwide.