Web3 and AI equity financing platform CrossFund completed a $1.5 million funding round at a valuation of $47 million, with participation from BXB Capital and others

ChainCatcher news, according to BusinessNewsAsia, the Web3 and AI equity financing platform CrossFund announced that it has completed a new round of financing of $1.5 million at a valuation of $47 million. Investors include BlockBase Ventures, UI Investments, Australian Gulf Capital, BXB Capital, as well as several family offices from the Middle East and North Africa (MENA) and Asia. This marks the fourth round of financing the company has completed in the past two years.

It is reported that the CrossFund equity financing platform has innovatively integrated AI and Web3 technologies during the review and fundraising process. So far, approximately 80 projects have successfully raised over $40 million on the platform, attracting 15,000 qualified investors to participate.