According to BlockBeats, on May 2, Klumi Ventures announced that it had obtained a financial license from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), allowing the company to invest in tokens and make equity investments in early Web3 startups. Klumi Ventures is launching two specialized funds, of which the $15 million qualified investor fund will be used for pre-seed and seed investments, providing critical capital and support for early Web3 startups to realize their vision and effectively expand their operations. The flagship fund is $100 million and is tailored for emerging technologies and decentralized industries.
