Beam Ventures to Launch Abu Dhabi's First Gaming-Focused Venture Fund and Accelerator

Abu Dhabi, UAE – The Beam Foundation is set to launch Beam Ventures, a groundbreaking $150 million venture fund and accelerator focused exclusively on gaming, marking a pivotal development in Abu Dhabi’s bid to become a global gaming hub. Situated in the Abu Dhabi Global Market (ADGM), Beam Ventures is poised to accelerate the growth of promising startups, particularly those at the intersection of gaming, blockchain, and artificial intelligence.

Revolutionizing the Gaming Landscape

Beam Ventures aims to redefine the gaming experience by providing crucial resources to game developers and early-stage startups. The fund’s strategic focus on innovative technologies — including blockchain and AI — positions it to drive growth within the rapidly evolving gaming industry. Beam Ventures is dedicated to shaping the future of gaming by supporting the next generation of game developers, creators, and entrepreneurs.

A Vision for Abu Dhabi as a Global Gaming Hub

Beam Ventures is not only about funding; it is about creating an ecosystem that nurtures talent, fosters innovation, and solidifies Abu Dhabi’s place as a leading global gaming center. The city is already emerging as a vibrant hotspot for gaming, with a growing player community and transformative initiatives, such as the creation of an esports island. In addition to this, Abu Dhabi hosts numerous gaming events, including global tournaments and summits. Beam Ventures seeks to capitalize on this momentum, further enhancing Abu Dhabi’s appeal to top-tier talent and gaming innovators.

A Collaborative Effort to Build the Future of Gaming

HE Saeed Al Fazari, Strategic Affairs Executive Director at the Department of Culture and Tourism – Abu Dhabi, highlighted the importance of Beam Ventures' initiative:

"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. 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."

Innovation at the Core of Beam Ventures

At the heart of Beam Ventures lies a passion for innovation. Mark Borsten, Chief Strategy Officer at Beam Ventures, expressed the company’s enthusiasm for collaborating with Abu Dhabi:

"At Beam Ventures, one thing drives us above all else: innovation. Whether in technology or gaming, innovation has always been our lifeblood. Abu Dhabi has shown time and again that it shares this mindset, and we are excited to bring our pursuit of innovation to this vibrant city. We believe Abu Dhabi is set to become the epicenter of the world's most exciting, pioneering tech and gaming innovations for years to come. We look forward to welcoming cutting-edge creators and founders to join us in this adventure."

Beam Ventures Accelerator Program

As part of its commitment to nurturing new talent, Beam Ventures will launch an accelerator program designed to support early-stage startups specializing in web3 gaming and AI. The accelerator, inspired by globally recognized models, will offer both in-person and remote participation options, enabling startups from around the world to join. The program’s goal is to cultivate a new generation of successful startups that will not only impact the gaming industry but also shape the future of technology and entertainment.

About Beam Ventures

Beam Ventures, established by the Beam Foundation, is a gaming-focused venture fund and accelerator headquartered in Abu Dhabi. The fund is dedicated to supporting early-stage projects at the cutting edge of gaming, with a special emphasis on web3 gaming and AI-driven technologies. Beam Ventures aims to empower the next wave of game developers and innovators, helping them scale and succeed on a global stage.

With its focus on innovation and collaboration, Beam Ventures is set to play a pivotal role in transforming Abu Dhabi into a leading hub for gaming and technology.