Illuminati Capital has unveiled a fresh fund of $50 million destined for deployment within the Web3 ecosystem. The venture capital company in Dubai stated that its partners generated the fund through private channels.

The goal of the VC company is to leverage its partners’ extensive experience and expertise in the dynamic Web3 sector. Illuminati Capital intends to channel investments into fledgling enterprises at their early stages.

Vickaash Agrawal, a partner at Illuminati Capital, stated that there is a notable surge in Web3 venture investment. The expert highlighted his portfolio’s history of over 120 successful blockchain investments. He also emphasized his ability to contribute expertise in data, infrastructure, regulation, and mining.

Illuminati Capital’s partners, from various backgrounds, offer focused guidance and direct involvement with founders. Its partners include blockchain investors, adept marketing professionals, accomplished angel investors, and other skilled individuals. 

Collectively, the partners injected $30 million into various Web3 initiatives. Over time, these investments burgeoned to exceed $150 million in value. As a result, the conglomerate of portfolio companies commanded a valuation of $1 billion upon their departure.

Illuminati Capital’s Portfolio of Startups, Source: Illuminati Capital
Illuminati Capital’s Portfolio of Startups, Source: Illuminati Capital

Dhaval Parikh is another partner at Illuminati Capital and a seasoned blockchain investor with over five years of experience. He enthusiastically expressed that “Decentralized technology offers boundless opportunities.”. He highlighted his intent to concentrate on performing due diligence, assessing risks, and managing portfolios. He also mentioned his plans to analyze industry trends and gain crucial insights into the ecosystem.

Illuminati Capital’s investment scope encompasses several industries. These include decentralized finance (DeFi), blockchain gaming, artificial intelligence, NFT infrastructure, and real-world assets (RWA). By strategically investing in cutting-edge sectors, the company aims to assume a central role in shaping the decentralized economy of the future.

Laura K. Inamedinova, a partner at Illuminati Capital and the CEO of LKI Consulting, stated:

“By leveraging our trusted network and industry know-how, we commit to building a solid foundation for long-term success. As a marketing expert with a portfolio of 250+ Clients, I will advise projects on community building, branding, positioning, marketing strategy, and user acquisition securing early-stage growth.”

The company is positioned to foster its portfolio companies’ growth by leveraging its partnership network. Furthermore, it will focus on Web3 enterprises supported by tangible assets. 

The firm will offer hands-on support with listings, exchanges, business growth, public relations, key opinion leaders (KOLs), and other initiatives. Its efforts will propel the achievements of the projects in its portfolio.