CrossFund, a Web3 and AI equity financing platform based in Singapore, has announced the completion of a new round of financing worth $1.5 million at a valuation of $47 million. BlockBase Ventures, UI Investments, Australian Gulf Capital, BXB Capital, and some family offices in the Middle East and North Africa (MENA) and Asia participated in the investment. This is the fourth round of financing completed by the company in the past two years.
CrossFund's equity financing platform has innovatively integrated AI and Web3 technology in the review and fundraising process. It is reported that so far, about 80 projects on the platform have successfully raised more than $40 million and attracted 15,000 qualified investors.
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