HomeUAEKlumi Ventures Receives UAE Licence

Klumi Ventures Receives UAE Licence

Klumi Venures

Klumi Ventures, an Abu Dhabi, UAE-based early-stage venture capital firm, received a financial licence to invest in tokens as well as equity in early stage Web3 startups from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).

The firm is launching:

  • a $100 Million fund tailored for emerging technologies and decentralized sectors, and
  • a $15 Million Qualified Investors Fund making pre-seed and seed investments in early-stage Web3 startups.

Led by Kristiina Lumeste, Senior Executive Officer, Klumi Ventures is a female-led and founded Web3 venture capital firm whose primary focus is identifying and investing in high-growth, early-stage Web3 startups, poised to drive the widespread adoption and growth of DeFi, NFTs, Gaming, Metaverse, and other dynamic sectors within the Web3 ecosystem.

VCWire

06/05/2024