Cypher Capital launches a $100m blockchain-focused fund

Cypher Capital launches a $100m blockchain-focused fund

Cypher Capital, a private venture capital firm rooted in the UAE and MENA region, launched a $100m seed fund focused on investments in blockchain, crypto and other digital asset projects.

“We are very proud and honored to be launching our first and the biggest crypto, digital asset and blockchain private seed fund from the UAE and the Middle East Region.This fund reflects our vision to be the leading global partner for projects in the blockchain, crypto and the digital asset community. We will collaborate closely with our portfolio projects, offering them access to our network and equipping them with our knowledge, as well as investing alongside other venture capital partners into innovative blockchain, crypto and digital asset projects,” said Bijan Alizadeh, Founder and General Partner at Cypher Capital.

Cypher Capital has already invested $1.5m into Crypto Oasis Sentio, showcasing its belief that cooperating with other private venture capital funds builds the blockchain ecosystem.

Cypher Capital also plans to take a very hands-on approach when it comes to mentoring the projects that it invests in and equipping entrepreneurs with the tools they need to succeed. Its crypto, blockchain and digital asset hub is anticipated to be completed this August, which will welcome crypto enthusiasts, entrepreneurs and startups, and offer exclusive access and get-togethers for its members and the community.

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