The American startup Pascal has secured significant investments, raising $9 million during its Series A funding round.
The round was led by the venture fund Union Square Ventures.
With the investment, Pascal aims to strengthen its position in the prediction segment. However, the startup does not intend to directly compete with giants like Kalshi and Polymarket.
The startup positions itself as a prediction platform with institutional-grade infrastructure and trading mechanisms targeted at professional traders rather than retail users.
The platform entered closed beta in June and has not yet disclosed its trading volumes.