Adaverse

Venture Capital Saudi Arabia ·Founded 2021

Overview

Adaverse is a prominent accelerator and venture capital firm specializing in the Cardano blockchain ecosystem. Established as a joint venture between EMURGO and Everest Ventures Group, Adaverse focuses on supporting early-stage Web3 and blockchain startups by providing funding, mentorship, and technical infrastructure. The firm has invested in and accelerated over 45 companies across various sectors, including DeFi, NFTs, gaming, and proptech, with a particular emphasis on projects in Africa and Asia. Adaverse's investment strategy targets startups at the Seed and Series A stages, typically investing between $100,000 and $300,000. The firm offers comprehensive support to its portfolio companies, including technical guidance, strategic planning, tokenomics design, legal advisory, and community and marketing development. This holistic approach aims to foster the growth and scalability of blockchain solutions within the Cardano ecosystem. With a global presence, Adaverse has expanded its operations to regions such as Saudi Arabia, Nigeria, Vietnam, Thailand, and the United States. The firm's commitment to connecting Africa with Asia through the Cardano ecosystem reflects its dedication to fostering international collaboration and innovation in the blockchain space. Adaverse's strategic investments and partnerships align with its mission to enhance the Web3 experience and contribute to the development of a secure, scalable, and open blockchain platform for the world.

Investment Focus

  • Projects building on the Cardano blockchain
  • Startups at Seed and Series A stages
  • Focus on DeFi, NFTs, gaming, proptech, and other Web3 solutions

Portfolio Companies

AfriexSeso GlobalGrintafy TechnologiesCanza FinanceReapCassava NetworkEjaraNuqtahKaya LabsConjure Games

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Frequently asked questions about Adaverse

What sectors does Adaverse invest in?

Adaverse invests in Healthcare, Infrastructure, Education, Agriculture, FinTech and E-commerce, and is based in Saudi Arabia. Adaverse is listed as a venture capital in the ConnectSafely investor database.

What stage does Adaverse invest at?

Adaverse backs companies at Seed, Early Stage and Series A, writing cheques of 100K - 300K.

Which regions does Adaverse invest in?

Adaverse invests across United States, United Kingdom, Hong Kong, Japan, Australia and Singapore.

Who are the partners at Adaverse?

Team members listed for Adaverse include Adaora Onwumelu (CEO) and Panjun Wang (Director and Partner).

What companies has Adaverse invested in?

Adaverse's portfolio includes Afriex, Seso Global, Grintafy Technologies, Canza Finance, Reap, Cassava Network, Ejara and Nuqtah.

How do I contact Adaverse?

Adaverse's contact details — including LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.

Last updated · Source: ConnectSafely investor database