Web3 education platform Academic Labs announced on the X platform that it has completed a new round of financing of $3.20 million, UOB Ventures Management, Signum Capital, HTX Ventures, Web Master, WIDUSPartners, DWF Ventures, Blockchain for Good Alliance, AsiaTokenFund, and Citystate Group, etc. The specific valuation information has not been disclosed yet. It is reported that the team revealed that information on new products, token airdrops and token listings will be released in the next few weeks. The new funds will be used to expand ecological coverage and expand cooperation with universities.