CoinVoice has recently learned that on October 9, according to BusinessNewsAsia, fintech startup CrossFund announced that it had completed a new round of financing of US$1.5 million at a valuation of US$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 company’s fourth round of financing in the past two years.

It is understood that the CrossFund equity financing platform has innovatively integrated AI and Web3 technologies in the review and fundraising process. It is reported that so far, about 80 projects have successfully raised more than 40 million US dollars on the platform, attracting 15,000 qualified investors to participate. [Original link]