UAE based Helion Ventures to invest in Web3 gaming companies
Dubai headquartered Helion Ventures, Web3 VC and venture builder,
has announced that it will be investing in gaming companies.
In a linkedin post,
Helion ventures are announcing investment in gaming companies. As they noted in
their post, “ The web3 gaming industry will hold significant importance for the
economy by transforming the gaming industry and creating new economic
opportunities.”
Entities can apply now and get the chance to fund your project: https://lnkd.in/djj_uycN
This announcement comes after Web3 gaming startup GAM3S.GG.based out
of Abu Dhabi UAE has just raised
$2 million in seed funding led by investment firm Mechanism Capital and other
angel investors including Polygon,
Double Peak, ArkStream Capital, LD Capital, ROK Capital, Hyperithm, Snackclub,
Emurgo Ventures, Eden Ventures and Mix Marvel Ventures.
In addition South Korea's Blockchain, NFT, metaverse game developer
and publisher WeMade also recently signed
an onboarding agreements with several domestic and international game companies
for the blockchain game platform "WEMIX Play." One of those is a UAE
game company, Project Seed, which will be working on a fantasy action role
playing game RPG titled Outland Odyssey.
In May 2023 South Korean blockchain developer WEMIX and Hub71, Abu
Dhabi’s global tech ecosystem, signed
a memorandum of understanding (MoU) to create and accelerate growth
opportunities for their respective portfolio companies and Web3 startups.
Earlier this year in January Abu Dhabi in its stive to become a
global gaming hub through the AD Gaming government led initiative partnered
with AA Meta a local Metaverse and Web3 Development Company. The company will
deliver cutting-edge Web3 solutions to the emirate’s game development eco-system.
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