Abu Dhabi, UAE — Beam Ventures is about to launch the first-ever enterprise fund and accelerator devoted completely to gaming in Abu Dhabi’s monetary heart, ADGM. Backed by a $150 million fund, Beam Ventures goals to speed up sport builders and early-stage startups, additional solidifying Abu Dhabi’s standing as a worldwide gaming powerhouse.
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Positioned on the crossroads of blockchain, gaming, and synthetic intelligence (AI), Beam Ventures is poised to drive trade progress and redefine gaming experiences. By offering funding, mentorship, and strategic assets, Beam Ventures seeks to empower the following technology of sport builders and early-stage founders, fostering a tradition of innovation in Abu Dhabi’s quickly evolving gaming sector.
A Daring Imaginative and prescient for the Way forward for Gaming
The fund’s mission is evident: to form the way forward for gaming by nurturing the trade’s most promising creators and innovators. By partnering with key stakeholders in Abu Dhabi, Beam Ventures goals to determine a thriving ecosystem for sport growth. This effort builds on the Emirate’s rising affect within the gaming area, marked by high-profile esports occasions, trade summits, and the event of a devoted esports island.
“Over the previous three years, we have now constructed a strong gaming infrastructure in Abu Dhabi, and establishing a devoted gaming fund is an important step in making certain that this ecosystem continues to thrive. This initiative aligns seamlessly with our Abu Dhabi Gaming efforts, reflecting our dedication to welcoming investments within the gaming trade and highlighting the belief and confidence traders have in our ecosystem.”
HE Saeed Al Fazari, Strategic Affairs Govt Director on the Division of Tradition & Tourism – Abu Dhabi
HE Saeed Al Fazari emphasised the significance of expertise growth, stating, “We stay deeply dedicated to attracting and nurturing expertise in Abu Dhabi, contributing to the knowledge-sharing financial system, and driving the expansion of the artistic industries. This fund is one other step ahead in making certain Abu Dhabi turns into a worldwide hub for gaming excellence and innovation.”
Mark Borsten, Chief Technique Officer of Beam Ventures, echoed this sentiment, stating:
“At Beam Ventures, one factor drives us above all else: innovation. In no matter type it would take, innovation has all the time been our lifeblood and our North Star – and that’s why we’re so delighted to be bringing our pursuit of innovation to Abu Dhabi, a metropolis that has proven itself repeatedly to share our mindset.”
Mark Borsten, Chief Technique Officer of Beam Ventures
He added, “We’re satisfied that Abu Dhabi is about to be the epicenter of the world’s most fun, pioneering tech and gaming innovation for years and a long time to return. Now we have all the time sought the innovative at Beam Ventures – and we all know that with this collaboration we have now discovered precisely that. We look ahead to different cutting-edge creators and founders becoming a member of us on this journey.”
A New Accelerator for Sport Builders
In alignment with its mission to domesticate and empower new expertise, Beam Ventures will launch an accelerator program, impressed by globally acknowledged precedents. This program is designed to assist early-stage startups specializing in Web3 gaming and AI, providing a mix of in-person and distant participation choices. The aim of this system is to create a breeding floor of profitable startups that can affect the gaming trade and past.
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About Beam Ventures
Beam Ventures, a subsidiary of the Beam Basis, is a devoted gaming-focused enterprise fund and accelerator headquartered in Abu Dhabi. With a mission to drive innovation on the intersection of AI, Web3, and gaming, Beam Ventures helps early-stage tasks and empowers builders and creators to form the way forward for the trade.
