Klumi Ventures to launch $115 million fund for emerging technology and blockchain investments

02/05/2024 18:58

Web3 venture capital firm Klumi Ventures announced that it has obtained a financial license from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), allowing it to invest in tokens and make equity investments in early Web3 startups. Klumi Ventures will launch two specialized funds, of which the $15 million qualified investor fund will be used for Pre-Seed and seed investments, providing critical capital and support for early Web3 startups to realize their vision and effectively scale their operations. Its flagship fund is sized at $100 million and is tailored for emerging technologies and decentralized industries. (Finance Feeds)

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Klumi Ventures to launch $115 million fund for emerging technology and blockchain investments

More news about klumi

More news about klumi

Web3 Investments: Klumi Ventures Licensed in Abu Dhabi