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FUNDRAISING NEWS | December 11, 2024
Tags: Private Equity, Venture Capital, Fundraising
The Beam Foundation announced plans to launch Beam Ventures, a $150M gaming-focused venture fund tapping into Abu Dhabi’s growing game development industry.
The fund aims to support game developers and contribute to Abu Dhabi’s vision of becoming a global gaming hub. The growing community of gaming-related initiatives in the Emirates gives Beam Ventures an opportunity to tap into blockchain, eSports, and AI markets, the company said.
Beam Ventures said its accelerator program will provide comprehensive support to early-stage startups specializing in web3 gaming and AI, offering a flexible hybrid model of in-person and remote participation.
Written By: Dakota
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