Klumi Ventures plans to launch two new emerging technology and blockchain investment funds with a total size of $115 million

ChainCatcher news, according to the official announcement, Klumi Ventures has announced that it has obtained a financial license issued by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), allowing the company to invest in tokens and make equity investments in early-stage Web3 startups.

Klumi Ventures is launching two specialized funds, with a $15 million qualified investor fund designated for pre-seed and seed investments, providing critical capital and support to early Web3 startups to realize their visions and effectively scale their operations. The flagship fund is $100 million, tailored specifically for emerging technologies and decentralized industries.