Parsec, a crypto on-chain data analytics platform, announced a fresh $4 million funding round and a DeFi and NFT analytics product.

Michael Novogratz's Galaxy Digital led the funding round, with Uniswap Labs Ventures, Robot Ventures, CMT Digital and others participating, Parsec said Wednesday. It was a seed extension funding round that closed earlier this year, Parsec founder and CEO Will Sheehan told The Block, declining to comment on specifically when the fundraising process began and closed, as well as on the structure of the round and valuation.

Parsec's seed extension round comes nearly three years after it raised a small $1.25 million seed round in January 2021. Sheehan said Parsec has been lean since its inception in 2020 and raised the new round to keep expanding its offerings …