Sigma Capital Launches $100 Million Fund for Web3 Startups
The Dubai-based firm plans to invest in DeFi, blockchain infrastructure, and tokenization, with $40 million already pre-committed.
- Sigma Capital, a new venture capital firm based in Dubai and Singapore, has announced a $100 million fund aimed at accelerating Web3 innovation.
- The fund will focus on early-stage startups, liquid tokens, and fund-of-fund allocations across decentralized finance, blockchain infrastructure, gaming, and the metaverse.
- Approximately $40 million in pre-commitments have been secured from crypto funds, high-net-worth individuals, and angel investors, with the first close expected by June 30, 2025.
- The firm plans to deploy investments over three years, targeting up to 100 early-stage projects, 25 liquid token deals, and 10 fund-of-fund investments.
- Sigma Capital aims to establish itself as a major player in the crypto ecosystem, leveraging its leadership's track record in successful investments like Solana, Sui, and Mysten Labs.