Beam Ventures will launch in 2025, providing funding and acceleration for blockchain gaming startups in the United Arab Emirates.
The Beam Foundation has disclosed plans for an upcoming venture fund in Abu Dhabi targeting blockchain gaming projects.
According to a Dec. 11 announcement, the fund will launch in the first half of 2025 and manage $150 million in capital backed by local investors.
The fund’s investment thesis is primarily focused on blockchain-based games and gaming infrastructure, but capital will also be deployed for startups working on solutions tied to artificial intelligence, augmented reality and user-generated content.
