T r u e Gl o b al Ve n tu r es 4 P l u s (TG V 4 Pl u s) F u n d has closed i t s US$ 1 4 6m F o ll o w on F und . The Follow on Fund will double down on the TGV4 base fund investments, the likes of Animoca, Sandbox, Forge, Chromaway, CoinHouse, GCEX, and others. Interestingly 40 percent of the Follow on Fund was raised from partners in Middle East, India and Asia. Investment from Middle East partners was 3.4 percent of the 40 percent making their total participation 5 million USD. While portfolio companies such as GCEX, Enjinstarter and IoMob have established operations in Dubai UAE. TGV4 Plus has been partnering with MENA based investors including Cypher Capital and Crypto Oasis among others.      Valerie Hawley, Affiliate Founding Partner, Middle East True Global Ventures 4 Plus , told LaraOntheBlock, “More than 40% of the Follow on Fund has been raised from partners based in the Middle East, India and Asia, of those 3.4 percent were f...

  EnjinStarter, next generation Launchpad for Blockchain games and the metaverse, which is based out of Singapore, could be setting up base soon in UAE. Prakash Somosundram CEO and Co Founder at EnjinStarter recently visited Dubai.   Nigel Hawley board advisor and a investor in True Global Ventures (TGV), which also recently invested 3 million USD in a series A round as a lead investor into Enjinstarter hosted the visit. EnjinStarter has received a total of 8 million in funding since its inception. EnjinStarter, built on JumpNet is enabling creators and game developers to run capital raising campaigns and build communities using blockchain tech. Not only do they issue tokens but provide game developers with a way to explore other innovative ways of raising capital including utilizing NFTs.  They even have an incubation program, supported by an accredited partner network. Concurrently the MENA gaming sector is one of the fastest-growing gaming markets in the world, wi...