Dubai investment company Sigma Capital establishes a $100 million fund for Web3 start-ups

The Dubai-based investment company, Sigma Capital, has launched a $100 million fund called Sigma Capital Fund I, focusing on early-stage enterprises in the Web3 and blockchain sectors.

The fund will invest in DeFi, blockchain infrastructure, tokenization of real-world assets, gaming and metaverse. In terms of investment strategy, Sigma Capital plans to manage a portfolio of liquid tokens and adopt high-yield DeFi methods to increase returns.

Over the next three years, Sigma Capital plans to invest in 100 early-stage projects, 25 liquid tokens and funds within 10 funds. The company also plans to collaborate with Web3 hubs in ten cities worldwide to provide market insights and resources for its invested companies.