Hey Wenshaw,
It would be a little small for us at FE International (we generally look at businesses generating at least $1K MRR).
Your post is a little confusing - you said you chose the former (i.e. raising money) but also that you looked to sell it as a side project.
It's hard to give specific advice without knowing the business itself but you could always try looking for a partner who has time to work on the business. Trying to sell a new product that isn't making any money isn't impossible but you're unlikely to get much for your time.
Good luck!