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/Investors/Adaverse
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Adaverse

adaverse.co ↗
5 investments·5 products on Liners
Adaverse is a crypto-native venture capital firm and accelerator that invests in Web3 and blockchain companies. An initiative by EMURGO, a founding member of the Cardano blockchain platform, Adaverse operates globally with a focus on markets with real cryptocurrency adoption. The firm has expanded operations to multiple regions including the Middle East, with offices in the United States, Canada, and Nigeria. Adaverse has demonstrated significant investment activity across Africa, particularly in fintech and crypto sectors. The firm has backed five companies across Nigeria, Kenya, and Egypt, including Bitmama, BoundlessPay, Afriex, Pravica, and Buupass. Adaverse primarily invests at the seed stage, with ticket sizes ranging from $100,000 to $300,000. The firm's portfolio reflects a strategic focus on financial services and blockchain infrastructure, with particular emphasis on cross-border payments and cryptocurrency accessibility in emerging markets. Adaverse distinguishes itself through active support beyond capital provision, offering portfolio companies assistance with product strategy, community development, and connections to investors across Asia, the United States, and other regions. The firm committed to investing $10 million in local Web3 startups in Saudi Arabia as part of its expansion into the Kingdom.

Total Invested

$3M

Active Since

Jun 2022

Latest Investment

Feb 2023

Top Stage

Seed

Adaverse Investment Regions

🇳🇬 Nigeria (3)🇰🇪 Kenya (1)🇪🇬 Egypt (1)

Adaverse Investment Sectors

Fintech (3)Crypto & Web3 (2)Travel & Mobility (1)

Adaverse Investment Timeline

Favicon of BuupassBuupassSeed$1.3MFeb 2023
withXA NetworkFrontEnd VenturesArtha Venture FundGullitAjim Capital+5 more
Favicon of PravicaPravicaSeedJan 2023
Favicon of BoundlessPayBoundlessPaySeedJan 2023
withEmurgo
Favicon of BitmamaBitmamaSeed$1.7MSep 2022
withGreenHouse CapitalEnrich AfricaLaunch Africa VenturesThrive LabsHoney Ogundeyi+9 more
Favicon of AfriexAfriexVenture (Round not Specified)Jun 2022

Products Backed by Adaverse

Favicon of Buupass
Buupass🇰🇪
Book and pay for trips across East Africa online
Travel & Mobility
Favicon of Pravica
Pravica🇪🇬
Institutional infrastructure for programmable digital payments
Fintech
Favicon of BoundlessPay
BoundlessPay🇳🇬
Manage crypto and send money across borders from one app
Fintech
Favicon of Bitmama
Bitmama🇳🇬
Buy, sell, and spend crypto with local currencies
Crypto & Web3
Favicon of Afriex
Afriex🇳🇬
Send money to Africa in seconds with real-time rates
Fintech

Investors Similar to Adaverse

Five35 Ventures (2)XA Network (1)FrontEnd Ventures (1)Artha Venture Fund (1)Gullit (1)Ajim Capital (1)54 Collective (1)Renew Capital (1)

FAQs About Adaverse

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