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Daoverse Capital operates as a venture capital firm and crypto fund, specializing in early-stage investment and incubation for innovative technology projects. The firm provides comprehensive support including capital, marketing, and network resources to startups focused on Web3, artificial intelligence, blockchain, and non-fungible token (NFT) sectors. Its approach emphasizes backing foundational technologies that underpin the evolving digital ecosystem.
The firm was founded approximately in 2019, with Adil Khan serving as its Chief Executive Officer. Khan brings extensive investment experience to the firm, having worked with prominent companies prior to establishing Daoverse Capital. The founding insight centered on identifying and nurturing nascent projects capable of building critical infrastructure and applications within the burgeoning decentralized web landscape.
Daoverse Capital primarily partners with early-stage technology startups that are developing key solutions for the Web3 space. The firm’s long-term vision is to foster the growth of a robust and sustainable Web3 ecosystem by empowering innovative ventures. Through strategic investment and active support, Daoverse Capital aims to drive significant technological development and adoption across its target regions.
Daoverse Capital has 1 tracked investment across 1 company. The latest tracked deal is $3.2M Seed in UXUY in April 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 17, 2023 | UXUY | $3.2M Seed | — | Arcane Group, Wang XI, KuCoin Ventures, Lapin Digital, LK Venture, Pionex, Waterdrip Capital |