Sigma Capital Launches $100M Fund to Advance Global Web3 Innovation
Sigma Capital, a prominent Web3 early-stage venture asset manager, has announced the launch of its $100 million Sigma Capital Fund I to accelerate Web3 innovation in the Middle East and worldwide.
The fund aligns with the UAE’s growing influence as a global hub for Web3 and blockchain technologies. Sigma Capital Fund I will primarily focus on transformative areas, including decentralized finance (DeFi), blockchain infrastructure, real-world asset tokenization, gaming, and the metaverse.
In addition to early-stage venture investments, Sigma Capital plans to manage a portfolio of liquid tokens and employ high-yield DeFi strategies to enhance portfolio performance. Over the next three years, the fund will invest in 100 early-stage projects, 25 liquid tokens, and 10 fund-of-funds allocations.
“The UAE’s dynamic economy and forward-thinking regulatory environment provide the perfect backdrop for Web3’s next wave of innovation,” said Vineet Budki, CEO and Managing Partner of Sigma Capital.
Sigma Capital also intends to collaborate with Web3 hubs in 10 global cities, offering its portfolio companies market insights and comprehensive support to thrive in the rapidly evolving Web3 ecosystem.
