AIOX Unveils New Fund with Focus on Deeptech and Web3, Joins Forces with X-PITCH 2023

AIOX Apex Angel Fund (AIOX) has introduced a new venture fund with a dedicated focus on deeptech and web3. The new initiative includes a strategic partnership with the highly anticipated X-PITCH 2023, a global deeptech startup competition aimed at catalyzing the widespread adoption of cutting-edge technology across diverse industries.

In pursuing innovation and technological advancement, AIOX joins forces with X-PITCH 2023, to nurture founders in deeptech and web3. “We see immense potential in partnering with X-PITCH. Through X-PITCH’s platform, we want to connect with highly technical founders who are not already within our networks,” said Marc Lin, Chairman of AIOX. 

“Our goal is not only to invest but also to actively support and nurture startups that have the potential to revolutionize industries through deep tech advancements,” he added. 

While the main capital allocation will prioritize deeptech and web3 startups, AIOX remains receptive to potential investments in various other sectors. During its covert operations, the team established a portfolio spanning various industries. In the words of Lin, “We have portfolio companies in real estate, fintech, biotechnology, artificial intelligence, sharing economy, art, and content IPs.”

AIOX recently executed a lead in an investment within Singapore’s XM Studio, consequently becoming its primary stakeholder. This development is AIOX’s initial foray into a strong content ecosystem to facilitate the commercialization of technologies its portfolio companies develop through real-world applications. 

Lin affirmed, “Our investment in XM Studio marks our first step in creating a robust content ecosystem where technologies of our portfolio companies can be commercialized through real-world use cases.” The firm is confident that having exclusive access to the right intellectual properties (IPs) will play a key role in steering the direction of emerging consumer trends.

With the inauguration of its novel fund, AIOX aims to support the application of new technologies as part of its strategic agenda. Lin passionately declared, “We firmly believe that the development of deeptech has the potential to redefine industries.” 

With this, he aims to capitalize on the market, being an early investor in the deeptech movement. Lin added, “We aim to be early investors in the deeptech movement that will bring paradigm shifts to many different industries.” 

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