The Hashgraph Group (THG), the Swiss-based international business, technology, and investment firm that operates exclusively within the Hedera ecosystem, has secured a fund management license through its subsidiary Hashgraph Ventures Manager Ltd in ADGM – the fastest growing financial centre in the MENA region. Licensed and regulated as a venture capital (VC) fund manager by the ADGM Financial Services Regulatory Authority (FSRA), Hashgraph Ventures Manager is planning to launch a $100 million global venture fund (Hashgraph Venture Fund-I) out of ADGM. The strategic Web3 venture fund will focus on generating attractive long-term returns by investing in proven early-stage and well-established companies utilizing deep technologies to build and commercialize enterprise-grade solutions and products for the Web3 economy.
Stefan Deiss, Co-Founder & CEO of The Hashgraph Group, said: “We have received a lot of interest in our Web3 ventures fund from existing co-investors and ecosystem partners, including government institutions, sovereign wealth funds, venture capital funds, family offices, and other qualified investors. We pay particular attention in the selection of strategic co-investor partners to build a diversified portfolio of assets across target industry sectors. We are focused on generating attractive returns through investment in the convergence of deep technologies intersecting on the Hedera distributed ledger technology (DLT) network, while empowering cross-pollination and the co-creation of long-term enterprise value within a diversified global portfolio of Web3 companies.”
The Hashgraph Association (THA) is seeding the Hashgraph Venture Fund-I (HVF-I) as an anchor investor with USD 20 million, representing 20% of the total fund size. The fund anticipates making strategic investments in Web3 and DeepTech companies that are developing innovative solutions in AI, IoT, Blockchain/DLT, Robotics, and Quantum Computing. The qualified projects also benefit from THG’s well-established Venture Studio Program (VSP), which actively shapes and enables portfolio companies through its expertise in engineering, productization, and commercialization.
Kamal Youssefi, President of The Hashgraph Association, stated: “We believe in co-funding innovative entrepreneurs and enterprises that are building the next generation of Web3 solutions on Hedera that enable financial inclusion with a positive socioeconomic impact. We look forward to this unique opportunity to gain exposure to leading-edge Web3 companies through investment in Hashgraph Ventures Fund and generating long-term capital growth for the Hedera ecosystem.”
The investment strategy of the Hashgraph Venture Fund is focused on generating attractive long-term returns with a positive environmental, social, and governance (ESG) impact, while building a strong portfolio of assets that drive economic value in the Web3 space. The fund will only invest in companies that pass a rigorous technical due diligence with demonstrable evidence of tangible commercial traction.
Andrew Forson, Head of Ventures & Investments at The Hashgraph Group, added: “We assess investment opportunities on the basis of key commercial and technological criteria to make well-informed investment decisions, while leveraging our extensive experience and expertise in deep technologies to secure alpha for our investors as we nurture and scale impactful companies across multiple sectors and geographies, driving sustainable innovation that make lives better.”
THG operates globally with a diverse network of co-investment venture studios, which include the “DeepTech Venture Studio” signed with the Ministry of Investment of Saudi Arabia (MISA) earlier this year, the ‘Digital Assets Venture Studio’ in strategic partnership with the Qatar Finance City (QFC), the ‘Web3 Venture Studio’ with IIT Madras in India, and the ‘DeepTech Venture Studio’ in strategic partnership with INNOVX in Morocco, alongside various other co-investment partners.