A USD 150 million venture fund, Beam Ventures, has just launched at Abu Dhabi Global Market (ADGM). Targeting web3 gaming and AI startups, the fund offers a three-to-five-year investment tenure for a broader investor base, as well as seeks opportunities in the rapidly growing VR and AR sectors within gaming.

Beam Ventures, established by the Beam Foundation, also features a 12-week accelerator programme designed to support early-stage startups. This hybrid in-person and remote initiative will bring talent to Abu Dhabi to foster a dynamic gaming ecosystem.

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