TechFlow news — social infrastructure project UXLINK has announced a new round of financing led by SevenX Ventures, INCE Capital, and HashKey Capital, along with the addition of multiple new investors. The latest round raised over $5 million, bringing UXLINK's total funding to more than $15 million from leading institutions and prominent individuals across North America, Europe, Asia, and the Middle East.
UXLINK is a social platform and infrastructure built on "real-life social connections" and group-based interactions, with over 5.5 million registered users, more than 1 million daily active users, and over 100,000 groups. According to UXLINK’s community lead, the newly raised funds will primarily support ecosystem development and post-TGE product growth, further enabling socialized asset issuance, distribution, and trading. Currently, revenue from the UXLINK dApp and protocol continues to grow steadily, with healthy cash flow.
Jon, Founding Partner at SevenX Ventures, said: “We believe in UXLINK’s ability to foster asset issuance and trading through social mechanisms, positioning it as a key hub connecting Web3 infrastructure with real-world applications.”
Rui, Investment Lead for this project at HashKey Capital, stated: “Through private social channels, friend-driven user acquisition, and Telegram group-based dissemination, UXLINK has rapidly become one of the most active blockchain social platforms today. We look forward to the team delivering more Web3-native assets and on-chain products to this user base, accelerating mass adoption of Web3 applications.”
Alex Yan, Executive Director at INCE Capital, commented: “Social interaction is a fundamental human need and an essential path toward large-scale Web3 adoption. By leveraging real-life social graphs and viral social mechanisms, UXLINK has built a novel Social Infrastructure, making it possible to create next-generation Web3 social products with massive user scale, high-density connectivity, and diverse interactions.”
