Abu Dhabi, UAE — Beam Ventures is set to launch the first-ever venture fund and accelerator dedicated exclusively to gaming in Abu Dhabi’s financial center, ADGM. Backed by a $150 million fund, Beam Ventures aims to accelerate game developers and early-stage startups, further solidifying Abu Dhabi’s status as a global gaming powerhouse.
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Positioned at the crossroads of blockchain, gaming, and artificial intelligence (AI), Beam Ventures is poised to drive industry growth and redefine gaming experiences. By providing funding, mentorship, and strategic resources, Beam Ventures seeks to empower the next generation of game developers and early-stage founders, fostering a culture of innovation in Abu Dhabi’s rapidly evolving gaming sector.
A Bold Vision for the Future of Gaming
The fund’s mission is clear: to shape the future of gaming by nurturing the industry’s most promising creators and innovators. By partnering with key stakeholders in Abu Dhabi, Beam Ventures aims to establish a thriving ecosystem for game development. This effort builds on the Emirate’s growing influence in the gaming space, marked by high-profile esports events, industry summits, and the development of a dedicated esports island.
“Over the past three years, we have built a robust gaming infrastructure in Abu Dhabi, and establishing a dedicated gaming fund is a crucial step in ensuring that this ecosystem continues to thrive. This initiative aligns seamlessly with our Abu Dhabi Gaming efforts, reflecting our commitment to welcoming investments in the gaming industry and highlighting the trust and confidence investors have in our ecosystem.”
HE Saeed Al Fazari, Strategic Affairs Executive Director at the Department of Culture & Tourism – Abu Dhabi
HE Saeed Al Fazari emphasized the importance of talent development, stating, “We remain deeply committed to attracting and nurturing talent in Abu Dhabi, contributing to the knowledge-sharing economy, and driving the growth of the creative industries. This fund is another step forward in ensuring Abu Dhabi becomes a global hub for gaming excellence and innovation.”
Mark Borsten, Chief Strategy Officer of Beam Ventures, echoed this sentiment, stating:
“At Beam Ventures, one thing drives us above all else: innovation. In whatever form it might take, innovation has always been our lifeblood and our North Star – and that’s why we are so delighted to be bringing our pursuit of innovation to Abu Dhabi, a city that has shown itself time and again to share our mindset.”
Mark Borsten, Chief Strategy Officer of Beam Ventures
He added, “We’re convinced that Abu Dhabi is set to be the epicenter of the world’s most exciting, pioneering tech and gaming innovation for years and decades to come. We have always sought the cutting edge at Beam Ventures – and we know that with this collaboration we have found exactly that. We look forward to other cutting-edge creators and founders joining us on this adventure.”
A New Accelerator for Game Developers
In alignment with its mission to cultivate and empower new talent, Beam Ventures will launch an accelerator program, inspired by globally recognized precedents. This program is designed to support early-stage startups specializing in Web3 gaming and AI, offering a combination of in-person and remote participation options. The goal of the program is to create a breeding ground of successful startups that will impact the gaming industry and beyond.
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About Beam Ventures
Beam Ventures, a subsidiary of the Beam Foundation, is a dedicated gaming-focused venture fund and accelerator headquartered in Abu Dhabi. With a mission to drive innovation at the intersection of AI, Web3, and gaming, Beam Ventures supports early-stage projects and empowers developers and creators to shape the future of the industry.
