Adaverse, the leading ecosystem accelerator and seed fund, today announced its strategic investment in Grintafy, the Middle East’s premier sports tech company. This partnership marks a significant step in Grintafy’s transition from Web2 to Web3, leveraging blockchain technology to revolutionise talent discovery in football. Grintafy, established in 2019, has rapidly grown to become the go-to […]
Riyadh, Saudi Arabia — Adaverse, a leading Web3 and blockchain fund based in Saudi Arabia, has announced a strategic investment in Tharawat Green Exchange (TGE), an innovative startup dedicated to supporting environmental sustainability through Web3 technology. This investment aligns with Saudi Vision 2030, a national initiative focused on environmental sustainability and economic diversification. Addressing Climate […]
Riyadh, Saudi Arabia – In a landmark development, UmrahCash, a fintech startup based in Riyadh, has secured a $500,000 investment from Adaverse Venture Fund, marking a significant step toward modernizing the Umrah pilgrimage experience. This innovative solution aims to address financial challenges faced by pilgrims, particularly from developing nations, by providing seamless access to Saudi […]
Riyadh, Saudi Arabia — Adaverse, a prominent Web3 venture builder, has committed a $500,000 pre-seed investment in Mithu, an emerging loyalty platform aggregator designed specifically for restaurants and cafes in Saudi Arabia. This strategic investment is poised to transform the loyalty program landscape in the Kingdom by addressing a significant pain point for both customers […]