Wisdomise, an AI infrastructure and investment platform, has closed $9.5 million funding round from an array of investors, including Chainlink Labs, SingularityDAO, VentureSouq, Pontinova Invest, Cetacean Capital, and ODE Capital.
The financing round marks a crucial juncture for Wisdomise as it readies itself for its imminent public token launch in May 2024. With a Fully Diluted Value (FDV) projected at $30 million upon listing, the company firmly cements its position within the rapidly evolving Web3 landscape.
Building upon its prior successes, Wisdomise’s recent funding triumph adds to its already impressive investment track record. Having secured $6.5 million in equity Seed and Pre-Series A rounds throughout 2022 and 2023, the company’s journey has been underscored by a remarkable trajectory of growth.
The Pre-Series A round, finalized in September 2023 at a post-money valuation of $75 million, was especially notable, incorporating a 1:1 token warrant. This move garnered significant enthusiasm from investors, a testament to Wisdomise’s promising future and burgeoning community support.
Dr. Fardad Zand, CEO and Co-Founder of Wisdomise, emphasized the significance of this latest funding milestone.
“The recent funding round is a significant stride in our mission to empower everyone on earth to participate in the exciting world of digital assets,” remarked Dr. Zand. “At Wisdomise, we are dedicated to harnessing the power of AI and innovative financial instruments to build a platform that removes barriers to entry and fosters informed decision-making for active traders and passive investors.”
He further elaborated on the company’s vision, stating, “This additional capital will fuel our efforts to further enhance our deep-tech foundation across three key dimensions: AI/ML, Blockchain, and Quant Finance. Ultimately, we aim to democratize access to the immense potential of digital assets, contributing to financial inclusion and independence globally.”
Wisdomise’s commitment to democratizing wealth creation is reflected in its user-centric approach. The company aims to provide a user-friendly Financial Intelligence SuperApp, leveraging advanced technologies like AI/ML and Blockchain, coupled with insights from industry experts and academia. This comprehensive solution empowers individuals to invest in digital assets and manage their wealth efficiently, maximizing yields while minimizing effort.
With a rapidly expanding user base and significant market penetration in Asia Pacific and MENA regions, particularly in Taiwan, China, Japan, Hong Kong, UAE, and Turkey, Wisdomise is aiming for continued growth and innovation in the digital asset investment space.
Read Also: GFAL Raises $3.2M Seed Funding to Expand Web3 Gaming Ventures
