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Dubai-Based Illuminati Capital Raises $50 Million for Web3 and Gaming Investments

The new Dubai-based crypto venture fund Illuminati Capital has raised $50 million for a fund that aims to invest in early-stage blockchain and Web3 gaming startups. According to a report from VentureBeat, the hope with the new VC fund is to bring the founders’ experience from the blockchain and investment worlds to the evolving landscape for Web3 investments. According to a report from VentureBeat, the hope with the new VC fund is to bring the founders’ experience from the blockchain and investment worlds to the evolving landscape for Web3 investments. “We work within Layer-1, Infrastructure, AI, DeFi, Gaming and Metaverse projects. All to build the tomorrow of Web3,” the VC firm added.


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