Top 50 Web3 VC (Venture Capital) Funds in United Arab Emirates in October 2023

Portfolio highlights

• Enhance Ventures — Enhance is already live in 7 countries and can rapidly develop vertical marketplaces across Middle East, North Africa, Pakistan and Turkey with a higher chance of success.
• Magnitt — Magnitt is a startup directory that connects investors, mentors, and emerging companies in the Middle East. The discovery platform is a database with over 5,500 MENA startups and over 200 investors.
• Joi Gifts — Joi Gifts is the best online gift shop for any occasion. Send flowers, cakes, and more with same-day delivery in KSA, UAE, Jordan, Egypt and Middle East.

Portfolio highlights

• InvestaX — InvestaX is a MAS licensed platform offering end-to-end solutions for the issuance, trading, and custody of digital securities.
• InvestaX — InvestaX is a financial services company that offers an online platform that focuses on digital securities and financial investment for real estate, private equity, and venture capital. Its platform specializes in real estate investment, finance, technology, private equity, digital securities, DSO, and blockchain.InvestaX was founded in 2015 andheadquartered in Singapore.
• InvestaX — InvestaX is an investment and trading platform for digital securities. InvestaX is a MAS licensed digital securities platform offering end-to-end solutions for the issuance, trading and custody of digital securities for private market assets.

Portfolio highlights

• KYVE — Enabling limitless scalability for Web3.
• WeaveDB LTD — WeaveDB is Firestore on Smart Contract bringing web2 UX to web3 dapps both for users and developers.
• Bundlr Network — Irys is the only provenance layer. By tracing and verifying where data comes from, Irys paves the way to incorporate accountability into all information.

Portfolio highlights

• Idio — Creating digital experiences that transform your company takes data-driven decisions, continued experimentation and constant invention.
• WeaveDB LTD — WeaveDB is Firestore on Smart Contract bringing web2 UX to web3 dapps both for users and developers.

Portfolio highlights

• Outdefine — Explore global remote tech jobs offers on Outdefine. Connect and learn with Professionals, get enterprise jobs for Free and earn DEFN Token rewards.
• WeaveDB LTD — WeaveDB is Firestore on Smart Contract bringing web2 UX to web3 dapps both for users and developers.
• Curio Research — Creative studio building crypto powered games.

Portfolio highlights

• ZetaChain — An EVM-compatible L1 blockchain that connects everything: Build interoperable dApps that span any chain including Bitcoin, access all chains from one place.
• Cryptoworth — Cryptoworth is a cryptocurrency solution and consultancy company working hard at the intersection of cryptocurrencies, blockchains, business and people to better-serve the fin-tech industry. Cryptoworth was created to reduce the complexity of cryptocurrency adoption, usage, and management. Cryptoworth provides the best cryptocurrency and blockchainsolutions for use cases spanning from single users to large institutions.
• Trident Digital — Trident Digital is restoring market liquidity by providing the next-generation digital asset platform that addresses issues with access, security, and capital efficiency. It allows lenders and borrowers to connect transparently and not rely on a central counterparty.

Portfolio highlights

• Ondefy — Ondefy is building infrastructure that enables a simple access to decentralized finance. Integrate multiple DeFi services unders 1 line of code.
• Attarius Network — Attarius Network - the first and only all-in-one NFT ecosystem for game industry

Portfolio highlights

• Colexion — Colexion is the most premium blockchain-based NFT marketplace to discover and buy exclusive digital collectibles of megastars curated by top crypto artists.
• StarSharks — StarSharks is a NFT-GameFi ecosystem based on the BSC chain developed by game players, governance committees, and game developers. The game integrates different types of games and breaks down barriers found between games by allowing players to use the same character to enter the Shark-metaverse. It enables players come together to build and govern a new metaverse and create a community culture in the Shark-metaverse.
• nCore Games — nCore Games is a mobile games and interactive entertainment company.

Portfolio highlights

• Orbofi — Create and monetize AI-generated images and assets for games, media, and AI NFTs. Create your own finetuned AI models.
• Blockus — Blockus enables game studios to build fast, reduce costs and laser focus on gameplay. Seamlessly integrated WaaS, first party NFT marketplace, and fiat + crypto payments.
• LayerZero Labs — LayerZero Labs is an omnichain interoperability protocol that unites decentralized applications (dapps) across disparate blockchains.

Portfolio highlights

• Cyrator — Our daily list of trending crypto projects that completed our rigorous review process
• Marhaba Defi — MRHB Defi is a halal, decentralized finance platform built to embody the true spirit of an “Ethical and Inclusive Defi” by following faith-based financial and business principles, where all excluded communities can benefit from the full empowerment potential of Defi.
• Attarius Network — Attarius Network - the first and only all-in-one NFT ecosystem for game industry

Portfolio highlights

• Octopus Network — Octopus is a cryptonetwork for launching and running Web3.0 application specific blockchains, aka appchains. By decreasing the capital expenditure for bootstrap an appchain by two orders of magnitude, from several million dollars to less than one hundred thousand dollars, Octopus Network is committed to unleash an innovation wave of Web3.0.
• Attarius Network — Attarius Network - the first and only all-in-one NFT ecosystem for game industry

Portfolio highlights

• Mozart — Mozart is the blockchain that enables the monetization of NFTs based on engagement & consumption.
• PLAYZAP GAMES — PlayZap is a play-to-earn community-driven gaming platform where players can compete in skill-based tournaments on proven and highly engaging casual games to win crypto rewards.
• Theia Studios — Icons of Theia - a tactical turn based strategy game

Portfolio highlights

• Lyvely — Lyvely is a social networking and content monetization platform that provides an integrated multimedia e-commerce and payments solution.
• zkLink — zkLink is a unified middleware layer connecting L1 chains and L2 networks with zk-SNARKs technology, reshaping the crypto landscape for DeFi, NFT, and RWA trading.
• Dspace — DSpace is a Web3 social protocol powered by AIGC, LBS, AR, and blockchain technologies, providing users with innovative Gamefi-integrated social interactions, bridging the gap between Web3 and physical reality.

Portfolio highlights

• Relayz — Relayz is a Web3 communication that is extremely secure, protects privacy, is censorship-resistant, and is decentralized. Relayz utilizes cutting-edge technologies for better scalability.
• Soarchain — Cars on the blockchain are the next thing. Soarchain is the single-purpose blockchain for advancing vehicles. Power every vehicle by blockchain.
• Stroom Network — Liquid staking protocol in bitcoin lignthning network

Portfolio highlights

• iBLOXX — iBLOXX is a Web3 incubator and market maker with iBLOXX Studios.

Portfolio highlights

• Azuro — Azuro is a global decentralized betting protocol, utilizing smart-contracts to bring full transparency to the betting process and to deliver a classic betting experience with plentiful markets & liquidity and funky innovations like collectible bets and gamification via NFTs
• StableBattle — StableBattle is a real-time mass PvP tournament game with a prize pool generated from DeFi yields

Portfolio highlights

• Campaign — Simple no-code platform for brands to build loyalty apps with native NFTs. Brands can revitalize their loyalty programs with NFTs that allow customers to sell memberships, evolve their rank over time, and leverage interoperability to redeem them outside of just the store.
• Paima Studios — Paima Studios is unlocking the trustless web3 gaming future through an innovation-first approach.
• Mythic Protocol — Mythic Protocol is an entertainment company that develops games, media and platforms.

Portfolio highlights

• Undeads Metaverse — Play, earn crypto & mint NFTs while exploring the post-apocalyptic metaverse. Feature-rich gameplay never seen in Web3 space before. Join the Undeads Metaverse!

Portfolio highlights

• MetaJuice — MetaJuice is part of Together Labs, creator of IMVU and other metaverses. Its goal is to improve the metaverse through blockchain technology.
• Metagame Industries — We are building an interconnected ecosystem of top quality games, providing gamers a play-for-fun and skill-to-earn experience and creating a low-threshold portal to the Metaverse
• Revolving Games — Building new gaming experiences for Web3 and beyond. We create worlds without borders or limitations.

Portfolio highlights

• Dmail — Dmail Network is a decentralized mailbox that provides a safe and private environment for users' communication, storage, tokens, and NFTs. The company was founded by Mittal S. and Lucas L. in 2021.
• Orbofi — Create and monetize AI-generated images and assets for games, media, and AI NFTs. Create your own finetuned AI models.
• Volare Finance — Volare Finance provides a transparent, trustless, and convenient decentralized option trading without intermediaries.

Portfolio highlights

• NeoFi — NeoFi is a fintech that offers investment solutions such as portfolio management for cryptocurrencies.
• Lewk.com — LEWK is a coordination layer that invisibly enhances the creator’s ability to monetize content without the need of leaving their social media platform of choice. The platform acts as a one-stop shop for brands, publishers, creators, and their fans offering features that boost their viewing experience and increase the usability of the existingsocial media platforms.
• IQ Labs — IQ Marketplace offers unique NFTs with exclusive utilities, boosting your in-game experience. With flexible renting parameters and multiple payment options, rent without collateral and unlock the full utility of NFTs. Say goodbye to gas fees with our gasless renting feature and multiply the value of NFT collections with our multi-utility renting. Explore now

Portfolio highlights

• C14 — C14 is building the next generation of fiat to crypto payment flow. We build seamless fiat on-ramps and off-ramps for crypto, blockchain, and web3 businesses. With a seamless user experience and meaningful coverage for emerging crypto markets around the world, C14 is on a mission to empower users ev
• PoseiSwap — PoseiSwap is a decentralized exchange service provider.
• MetaEra Media — MetaEra is a one-stop resource aggregator for Web3.0. Meta Era focuses on blockchain and metaverse exploration, pursuing professional, thorough, and reliable information and data.

Portfolio highlights

• 99Starz — 99starz presents a unique business model that encompasses the concept of an open economy that implements financial advantages to all players who combine value by contributing to the gaming ecosystem. In short, gamers play blockchain video games and earn income.

Portfolio highlights

• BitOasis — BitOasis is MENA's leading platform that allows you to securely buy, sell and trade crypto assets like Bitcoin, Ether, XRP and Bitcoin Cash at the best rates. Currently available in UAE, KSA, Bahrain, Kuwait, Oman, Jordan, Egypt and Morocco.
• Believe — Believe Pte Ltd. is a global, Singapore-based FMCG conglomerate that provides market-ready solutions for customers by listening to their needs and designing products that suit their culture and life choices. From breakthrough personal care essentials to beauty products surpassing global standards, our worldwide team of experts use cutting-edgetechnology, scientifically proven methodologies and ancient knowledge to gift our customers
• Wafeq وافق — Send invoices or purchase orders, manage your inventory and your payroll, and get over 30 reports to manage your company, all in one software.

Portfolio highlights

• Artiwise — Artiwise gathers all client feedback on a single platform by monitoring all customer communication channels. It makes decisions by using artificial intelligence to analyse client communication channels like call centre conversations, chatbot interviews, and surveys.
• Waves Platform — Waves technologies drive innovations of tomorrow and bring them closer to the people of today
• Veloxia Technology — Veloxia Technology was founded on a vision of becoming a unicorn in global consumer technologies. Veloxia’s mission is to design the self-marketing & industry-disrupting products by achieving excellence at product-market fitness and integrating behavioral economics into its products. As revolutionary products require revolutionary people,Veloxia will always aim at gathering the ones with strong capabilities, reliable values and the desire to embody our story.

Portfolio highlights

• Axoni — Axoni is a New York-based capital markets technology firm that specializes in distributed ledger infrastructure. Product offerings include blockchain deployments, large-scale data management, bespoke smart contract development, analytics services, and connectivity tools.
• AlloyX — AlloyX makes it simple and accessible for protocols, DAOs, and institutional investors to create diversified RWA investment strategies. We provide lenders with a flexible and efficient platform for managing all of their RWA assets based on their yield, risk, and liquidity preferences.
• Coinflow Labs — Coinflow is a payment solution that allows Web3 companies to accept traditional payment methods and payout their customers by converting cryptocurrency to USD in their traditional bank account.

Portfolio highlights

• Apex — ApeX, an innovative derivatives protocol, is launching the ApeX game NFTs to provide Web3 users with a supreme derivatives trading experience.
• Blocklords — Be part of the most ambitious strategy game of our age.
• Sk3w Technologies — Sk3w Technologies specializes in providing exchange access solutions.

Portfolio highlights

• Freatic — We bridge the gap between individuals with untapped knowledge and actors who can take advantage of these opportunities.
• HackerNoon — Hacker Noon is a technology publishing platform serving 4M readers per month. Hacker Noon designed to help creators monetize content and provide a premium experience to consumers.
• WeaveDB LTD — WeaveDB is Firestore on Smart Contract bringing web2 UX to web3 dapps both for users and developers.

Portfolio highlights

• Dmail — Dmail Network is a decentralized mailbox that provides a safe and private environment for users' communication, storage, tokens, and NFTs. The company was founded by Mittal S. and Lucas L. in 2021.
• Eywa — Founded in 2021, EYWA helps Web3 projects scale up by enabling them to operate, get listed, and traded on all connected blockchain networks with a single liquidity pool. Additionally, EYWA provides a truly decentralized data protocol for secure messaging.In partnership with Curve Finance, one of the largest decentralized exchanges, EYWA isintroducing a new paradigm of non-algorithmic cross-chain assets aimed at solving the problem of liquidity fragmentation. Their cross-chain protocol stands out as the most decentralized solution in the market.- Received 6 grants from biggest L1/L2 blockchain networks including NEAR Foundation, Aurora, Harmony One, Algorand, Boba Network, and others - Winning hackathons: Ethglobal Marketmake, Polygon’s BUIDL IT hackathon, Metis hackathon
• IQ Labs — IQ Marketplace offers unique NFTs with exclusive utilities, boosting your in-game experience. With flexible renting parameters and multiple payment options, rent without collateral and unlock the full utility of NFTs. Say goodbye to gas fees with our gasless renting feature and multiply the value of NFT collections with our multi-utility renting. Explore now

Portfolio highlights

• Ola — Ola is a ZKVM-based, High-performance, Privacy-focused layer2 platform.
• EthStorage — EthStorage is a crypto startup and It is a storage rollup built on top of ethereum.
• POP Planet — PoPP is a web3 creator community program that serves as an integrated creator community tool and a one-stop content deposition application, supporting a large community by utilizing Web3 and AI technology.

Portfolio highlights

• Colexion — Colexion is the most premium blockchain-based NFT marketplace to discover and buy exclusive digital collectibles of megastars curated by top crypto artists.
• Liangzibao.cn — Liangzibao.cn is a B2B2C Internet insurance service customization platform
• Shield Finance — Shield Finance is a Multi-Chain DeFi Insurance Aggregator. You can use Shield to protect your investments from hacks, rug pulls & price crashes.

Portfolio highlights

• WeaveDB LTD — WeaveDB is Firestore on Smart Contract bringing web2 UX to web3 dapps both for users and developers.
• Lumos Labs — ​Lumos Labs is building a metaverse for builders and Web3 ecosystem enablers to share opportunities to build and scale-up.
• double jump.tokyo — double jump.tokyo is a blockchain game developer and NFT solution provider for large-scale enterprises in the gaming and entertainment sector.

Portfolio highlights

• IronMill — IronMill is a Web3 infrastructure provider that focuses on offering customized integration solutions to program developers.
• GamePhilos — GamePhilos is to offer player digital ownership to mobile strategy games.
• Buidler DAO — Buidler DAO describes itself as a "network of web3 projects and talents." The effort brings together developers, researchers, and operators with the goal of providing an infrastructure and accelerator for cryptocurrency ventures.

Portfolio highlights

• Intella X — The Next Generation of Web3 Gaming Platform
• BoomLand — BoomLand is a blockchain gaming platform that gives a revolutionary gaming experience. It aims to create a sustainable ecosystem where global players are free to play, earn and live by unlocking the value of their in-game assets and Metaverse tokens. BoomLand was founded n 2021.
• Aether Games — Aether Games are the creative talent behind both of the widely expected NFT-based game titles: Gates of Ethernity and Cards of Ethernity. In addition, the studio's creative efforts are up to be represented by the CGI mini-series "Aether" and many more.

Portfolio highlights

• LumiShare — An innovative Trust Token backed by 3 uncorrelated assets, including Gold, sophisticated algorithms and an Asset Backed NFT Marketplace.

Portfolio highlights

• Swiftly — Harness your public transit data with Swiftly's urban mobility solutions to make your city's mass transportation move more efficiently.
• HopSkipDrive — Arranging safe, dependable transportation or children ages 6+ with qualified caregivers
• MPOWER Financing — Apply for international student loans through MPOWER Financing. Our student loans to study in the USA & Canada don't require a cosigner or credit history.

Portfolio highlights

• SuiPad — SuiPad is an IDO&INO platform, with selected projects, flexible whitelist, and fair level as the core positioning.
• MetaFi — MetaFi operates as a Trading Metaverse. Trading Metaverse is a new kind of social trading experience governed by its users.
• Goons of Balatroon — A 2D/3D hybrid metaverse featuring Free 2 Play 2 Earn card strategy gaming and land ownership. Ridiculous. Chaotic. Fun. Play for free and earn!

Portfolio highlights

• IoTeX — IoTeX is the leading decentralized network powering the future of web3 and machine economy (MachineFi). The platform is built for developers to connect billions of machines with web3 infrastructure, to create innovative products including DeFi, NFT, DAO, Metaverse, and MachineFi applications. Founded in 2017 with a team of alumni from Google,Facebook, Uber, Bosch, and Intel, IoTeX has launched a high-performance public blockchain with off-chain computing for devices and machines, cross-chain bridges, wallet, and the MachineFi marketplace. The IoTeX network has grown rapidly with >$2B in assets on-chain, >300K on-chain users, and >10k devices connected across hundreds of dapps.
• Magic Square — Discover, use, and manage all dApps, DeFi, NFTs, GameFi, and engage with the community in one convenient place. Magic Square - It's all there.
• Acme Labs — Acme Labs is a member of AcmeDAO - an identity network making crypto easy, safe & social

Portfolio highlights

• HypeLab — HypeLab is a web3 ad network that helps clients acquire new users in a scalable way. It serves both images and video creatives and uploads assets directly on the self-service advertiser portal. HypeLab is located in San Francisco, California.
• DRiP — Collectibles every week from your favorite creators. For free.
• Lumina — Lumina is a zero-knowledge, KYC-enabled, enterprise-ready DEX on Mina.

Portfolio highlights

• Colexion — Colexion is the most premium blockchain-based NFT marketplace to discover and buy exclusive digital collectibles of megastars curated by top crypto artists.
• HTR Group — HTR Group leverage best practice digital communications to help you win the journey.

Portfolio highlights

• Attarius Network — Attarius Network - the first and only all-in-one NFT ecosystem for game industry

Portfolio highlights

• Eywa — Founded in 2021, EYWA helps Web3 projects scale up by enabling them to operate, get listed, and traded on all connected blockchain networks with a single liquidity pool. Additionally, EYWA provides a truly decentralized data protocol for secure messaging.In partnership with Curve Finance, one of the largest decentralized exchanges, EYWA isintroducing a new paradigm of non-algorithmic cross-chain assets aimed at solving the problem of liquidity fragmentation. Their cross-chain protocol stands out as the most decentralized solution in the market.- Received 6 grants from biggest L1/L2 blockchain networks including NEAR Foundation, Aurora, Harmony One, Algorand, Boba Network, and others - Winning hackathons: Ethglobal Marketmake, Polygon’s BUIDL IT hackathon, Metis hackathon
• Azuro — Azuro is a global decentralized betting protocol, utilizing smart-contracts to bring full transparency to the betting process and to deliver a classic betting experience with plentiful markets & liquidity and funky innovations like collectible bets and gamification via NFTs
• StableBattle — StableBattle is a real-time mass PvP tournament game with a prize pool generated from DeFi yields

Portfolio highlights

• Sepana — Sepana develops search technologies designed to make it easy for people, communities, applications, and protocols to discover Web3 content. Founded in 2021, Sepana's API allows developers to build search-as-a-service functionality directly into their apps.
• Valory — A world-class team leading cutting-edge research & development at the intersection of multi-agent systems and distributed ledger technology.
• Kairos Loan — Kairos Loan is a new type of lending protocol allowing you to borrow instantly using an NFT as collateral and with the best rates on the market.

Portfolio highlights

• GAM3S.GG — Your home of web3 gaming offering game discovery, reviews, guides, news & quests for a full experience.
• Delabs Games — At Delabs Games, we want to create fun games that last a thousand years.
• 0xBoost Finance — Unleash the Power of Multi-Chain Staking and Boost Your Assets. Stake. Earn. Grow. Empowering Crypto Investors Across Multiple Blockchains.

Portfolio highlights

• Eze — Wholesale Electronics: Shop Wholesale iPhones, MacBook, iPad, Samsung Watch, Apple accessories & other electronics in bulk at wholesale prices
• ePallet — ePallet is a technology and logistics startup that makes it easy and efficient to buy and sell wholesale food by the pallet.ePallet makes it easy for Vendors to sell more and customers to save more. ePallet provides an artificial intelligence (AI)-driven platform that allows customers to directly access to manufacturers’ products in full-palletincrements.
• Driver Technologies — Turn your phone into a dash cam.

Portfolio highlights

• The Unfettered — The Unfettered is a blockchain PC game.
• The Red Village — The Red Village is a groundbreaking dark-fantasy Play and Earn game, with a team dedicated to re-imagining what blockchain gaming can, and should, look like.
• Balthazar NFT Gaming — Own Your Game! We envision a future where gaming is powered by the players, not held captive by centralised systems.

Portfolio highlights

• Taiko Labs — A decentralized, Ethereum-equivalent ZK-Rollup.
• EDX Markets — Edx description website
• Pixion Games — Pixion Games is a studio focused on building competitive esports games for mobile device.

Portfolio highlights

• Attarius Network — Attarius Network - the first and only all-in-one NFT ecosystem for game industry

Portfolio highlights

• HyperPlay — HyperPlay is a web3-native game launcher that enables players to carry their wallet, NFTs, tokens, and achievements into every game.
• GamePhilos — GamePhilos is to offer player digital ownership to mobile strategy games.
• BoomLand — BoomLand is a blockchain gaming platform that gives a revolutionary gaming experience. It aims to create a sustainable ecosystem where global players are free to play, earn and live by unlocking the value of their in-game assets and Metaverse tokens. BoomLand was founded n 2021.

Portfolio highlights

• metameet — Create worlds, explore and trade NFTs in the first-ever virtual world owned by its users.
• Lewk.com — LEWK is a coordination layer that invisibly enhances the creator’s ability to monetize content without the need of leaving their social media platform of choice. The platform acts as a one-stop shop for brands, publishers, creators, and their fans offering features that boost their viewing experience and increase the usability of the existingsocial media platforms.
• Outer Ring — Embark on an epic journey through galaxies. Explore, combat and forge your own legend.