Abu Dhabi, UAE – The Beam Basis is happy to announce its plans to launch Beam Ventures in Abu Dhabi, the primary enterprise fund centered completely on gaming from ADGM. The $150 million gaming fund goals to speed up promising founders and contribute to Abu Dhabi’s transformation into a worldwide gaming hub.
Beam Ventures is strategically positioned on the intersection of blockchain, gaming, and synthetic intelligence. Stimulating innovation in these fields, Beam Ventures goals to collectively redefine gaming experiences and drive progress inside the trade. Because the gaming trade continues to evolve, it’s organizations like Beam Ventures which have the potential to carry change by offering assets for recreation builders and early-stage startups.
An bold imaginative and prescient for the way forward for gaming
The fund is pushed by a dedication to form the way forward for gaming along with the subsequent era of recreation builders and innovators. In collaboration with companions on the bottom in Abu Dhabi, Beam Ventures goals to create an atmosphere that nurtures expertise and elevates Abu Dhabi’s standing as a worldwide gaming chief.
Abu Dhabi is quickly turning into a hotspot for avid gamers and recreation builders, with a rising group of gamers and transformative initiatives like the event of an esports island. Furthermore, the Emirate hosts all kinds of gaming occasions starting from summits to tournaments of the largest video games on this planet. Beam Ventures is decided to construct on this momentum and appeal to prime expertise to the area, primarily by its accelerator program.
HE Saeed Al Fazari, Strategic Affairs Government Director on the Division of Tradition and Tourism – Abu Dhabi, stated: “Over the previous three years, we now have constructed a strong gaming infrastructure in Abu Dhabi, and establishing a devoted gaming fund is a vital 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.
We stay deeply dedicated to attracting and nurturing expertise in Abu Dhabi, contributing to the knowledge-sharing economic 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.”
“At Beam Ventures, one thing drives us above all else: innovation. In whatever form it might take, innovation has always been our lifeblood and our North Star – and that’s why we are so delighted to be bringing our pursuit of innovation to Abu Dhabi, a city that has shown itself time and again to share our mindset. We’re convinced that Abu Dhabi is set to be the epicenter of the world’s most exciting, pioneering tech and gaming innovation for years and decades to come. We have always sought the cutting edge at Beam Ventures – and we know that with this collaboration we have found exactly that. We look forward to other cutting-edge creators and founders joining us on this adventure.” – Mark Borsten – Chief Technique Officer
Beam Ventures accelerator program
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 help early-stage startups specializing in web3 gaming and AI, providing a mixture 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.
About Beam Ventures
Beam Ventures, established by the Beam Basis, is a gaming-focused enterprise fund and accelerator headquartered in Abu Dhabi. Beam Ventures is dedicated to supporting early-stage initiatives within the (web3) gaming trade, primarily centered on initiatives working on the intersection between AI and gaming.