KEY TAKEAWAYS
- Beam Ventures launches a $150 million gaming-focused fund in Abu Dhabi to accelerate promising founders and transform the region into a global gaming hub.
- The fund will explore the intersection of AI and gaming, aiming to integrate AI tools into game development to drive innovation.
- An accelerator program will support emerging talent, providing resources and networking opportunities to early-stage Web3 startups in the gaming sector.
Beam Ventures has announced the launch of a gaming-focused qualified investor fund in Abu Dhabi, marking a significant development in the region’s gaming industry. The fund, targeting $150 million, aims to accelerate promising founders and contribute to Abu Dhabi’s transformation into a global gaming hub. The announcement was made here.
The fund will focus on early-stage projects, providing a unique environment for game developers and gamers alike. Beam Ventures plans to leverage Abu Dhabi’s innovative landscape to foster growth and efficiency in the gaming sector. The initiative aligns with the Emirate’s ambition to become a leading player in the global gaming industry.
Intersection of AI and Gaming
Beam Ventures is set to explore the intersection of artificial intelligence (AI) and gaming, identifying it as a core focus area. The fund aims to harness AI tools to accelerate game development, potentially transforming the industry. Game developers are beginning to experiment with generative modeling, and Beam Ventures sees vast potential in integrating AI into the development cycle.
By investing in AI-driven gaming projects, Beam Ventures hopes to drive innovation and support the industry’s growth. The fund’s accelerator program will play a crucial role in this effort, offering resources, mentorship, and networking opportunities to early-stage Web3 startups.
Accelerator Program to Support Talent
The accelerator program embedded within Beam Ventures is designed to support emerging talent in the gaming industry. It will provide startups with access to the Beam ecosystem, including office space, regulatory guidance, and networking opportunities. The program will operate both remotely and physically in Abu Dhabi, creating a supportive environment for founders and organizations in the crypto gaming sector.
Beam Ventures aims to empower game developers and founders, helping them bring their visions to life. The fund’s focus on nurturing talent aligns with its broader goal of contributing to Abu Dhabi’s emergence as a global gaming hub.
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